Rezoning residential to commercial question

[Daniel Bryant]

I purchased my residential property last year in Ohio and I was fortunate enough to secure a conventional loan at 2.99% for 30 years. I am now considering rezoning my property for commercial use (office) since the township is willing to accept me doing so. 

My question is, can my mortgage rate/terms change if i rezone it to commercial?

I do not have an escrow with the lender and pay insurance/taxes independently

Thank you!

[Dwayne Poster]

change of use is a common mortgage clause, typically giving the lender full discretion.  Checking with your lender will provide the correct answer.