How do they know?

[Brian Willard]

I reached out to our finance guy and asked about 2nd home requirements. He said, "You can rent the home out but it must be less than 50% of the year." My question is, how does a lender know if I were to rent it for more than 50%? Just wondering.

[Brett Deas]

In short, they probably won't. It's just like using a primary as a rental, the odds of them ever coming around is so close to 0. 

I would also ask about the 50% rental part, I have never ran into that problem with any of my clients. The only restriction we have to deal with is where you have to stay in it 2 weeks out of the year.