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Updated over 4 years ago,

User Stats

104
Posts
46
Votes
Ian Gilligan
Pro Member
  • Rental Property Investor
  • Dayton, OH
46
Votes |
104
Posts

Owner occupy potentially under 1 year, mortgage fraud?

Ian Gilligan
Pro Member
  • Rental Property Investor
  • Dayton, OH
Posted

Hi all, 

I'm presently living in CA, considering buying in TX to work remote, and house hack. Only way I can make it work is if I put 5-10% down, which I know you can only do if it's your primary residence. Question is, if I get called back to the office/CA before year 1 of occupancy (which is highly likely) am I in danger of mortgage fraud? 

Thanks a million!

  • Ian Gilligan
  • Loading replies...