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Updated almost 7 years ago,

User Stats

76
Posts
40
Votes
Frankie Betancourt
  • detroit, macomb
40
Votes |
76
Posts

Can i get in trouble with mortgage?

Frankie Betancourt
  • detroit, macomb
Posted

Hi yes i was wondering could i get in trouble if i were to take out a mortgage loan and claim that i was living in this home as a primary resident. But in reality renting it out and not telling my mortgage company about it? even so if i was doing this how would they know im actually renting it out and not living there? it is not like they are going to my home everyday knocking on my front door?

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