Renting out my primary residence home

[Vladimir K.]

We just bought a single family house with an intention to move in, but our situation changed (kids daycare related) and now we want to rent out for a year and then move in. Has anybody been in this situation? Did you notify the lender? If I don't notify the lender but switch my insurance from home ins to dwelling fire ins, will the ins company notify the bank and will the bank do anything about it?

[Vladimir K.]

@Ricardo Cristobal Thanks again. Just to clarify, I payed more than 30% down, so no taking advantage here really, well, maybe the lower interest rate.