Approved for a mortgage BUT.....

[Andy Futterer]

Hello All,

Looking for a little guidance here....I have been approved for a mortgage under the assumption it will be my primary residence.  I am looking at multi-family properties with the intention to house hack but what if I decide to NOT live in one of the units?  I know the official answer is that it changes the type of loan (a loan I wont be approved for, I've checked with my broker) but what is the REAL answer?  

Could I live in a unit for a year and then leave? Would I need to inform my lender then? 

Any and all advice is appreciated!

Thanks,

Andy