Interest rate for rental property and owner-occupied property

[Saad Mushtaq]

I am thinking about investing in the rental industry and was wondering whether it'd be ideal to take out a mortgage as an owner-occupied and get the lowest rates for mortgage and then stay in the property for a couple of months and then rent it out. Would that cause any legal repercussions and will I be considered dishonest? My broker was telling me that If I am not living in it then I should go for the rental investment mortgage that is a little higher than the owner-occupied mortgage rates. And, If I do tell them that it's going to be owner-occupied then I will be considered dishonest and will have legal repercussions. Just want to have an understanding of this so I make the best decision for myself without being dishonest. 

FYI: I am based out of Manitoba, if that helps.