Buying first rental property or 2nd home, do you list as "primary" with lender?

[Matt Henderson]

If you already own a home as your primary but are looking to buy your first rental property or 2nd home in your own name, do you still list it as your primary even if you aren't going to live there? Or do you need to disclose to the lender that this is a rental property, in your name, but not where you will be living?

[Scott E.]

If you purchase a property as a 2nd home, you need to tell the lender it's a 2nd home.

If you purchase a property as an investment property, you need to tell the lender it's an investment property.

What you're considering is committing mortgage fraud. Which is not something that you should be considering. Also probably not something you should be posting about on the internet...

From Google:

A first offense for mortgage fraud charges could result in a sentence of up to 12.5 years of incarceration.