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Updated over 7 years ago on . Most recent reply

User Stats

80
Posts
34
Votes
Diane Stinebaugh
  • Fayetteville, AR
34
Votes |
80
Posts

If I lease my primary residence do I have to change the loan?

Diane Stinebaugh
  • Fayetteville, AR
Posted

Here's my story.  I have lived in my 1,600 square foot house for 16 years.  Everything about it is perfect for families including the elementary within sight.  I would like to move out in to the country and lease the house I'm in right now.  I might want to move back to this house after a few years, who knows?  so, would I have to get a different loan if I lease my house? or could I keep the loan I have?  I just refinanced for a great deal and should have it paid off in 10 or so years. 

appreciate any insights!

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