In my other (professional) life, I work for a federal agency and have seen a lot of fraud. 

Maybe you can compare two houses that are identical except one has one bath and the other has two. 

Also you've committed mortgage fraud, and there are penalties if you are caught.To resolve this you need to 1) move into the home you just bought or 2) refi that loan into an investment property loan.

Regardless, I would do whatever you can to fulfill the requirements honestly, cause 1. its the right thing to do and, 2. mortgage fraud is no joke.  

Let's say you have two identical homes on the same street, both 3 beds, 2 baths and 1500 sf single story, model matches.

Cherry chan has an almost identical blog post from recently.

Do a search and find them.Here is advice I have given numerous times:If you want to go about your real estate business using some arbitrary price per Sf for rehab calculations, be my guest, but good luck being accurate that way.Let’s say you have two identical homes on the same street, both 3 beds, 2 baths and 1500 sf single story, model matches.

Knowing that I did recently just buy a property that I believe I suppose to owner occupy for at least a year, will it be considered any type of fraud if I do have a legit reason of not being able to owner occupy for a specified period of time but will be still my primary residence technically?

You need to know:1 - What your financial goals are2 - What your financial capabilities are3 - What your knowledge base is in the way of strategiesThen you need to apply these things to specific out of state markets to find the micro-markets (not all properties within markets are the same...even if the houses are identical) where the combination of #2 and #3 above will deliver #1 above.

The mortgage company decided to contact me and ask my reason why and if I am committing fraud.