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Updated over 8 years ago,

User Stats

17
Posts
5
Votes
Miguel Rosario
  • Weehawken, NJ
5
Votes |
17
Posts

Disclosure on rental property

Miguel Rosario
  • Weehawken, NJ
Posted
Hello Everyone, I recently applied for a mortgage on a property I intend to rent out for the first year and move into next fall. The property currently has a tenant with a lease that is expiring soon which I will renew with them. Is this information I need to disclose to the mortgage lender? If so how will this affect my current loan which was applied for as primary residence? Thank you!

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