We also won't accept an application if the person can't produce a valid government issued picture ID.If a tenant completes an application and turns it in with the application fee, I process it.

However, unless you're talking about an FHA or otherwise government insured mortgage, lenders are relatively free to structure their agreements as they choose. 

No lender can require that a borrower remain in the property forever over the term of a loan except for government liens that might be financed under low income qualifications (for example, a city finances a sewer project to a low income homeowner with a forgiveness of debt arrangement, the debt may be forgiven so long as the property is occupied). 

FHA loan are government backed, so by not adhering to the affidavit you signed, you are committing federal mortgage fraud.  

There are of course the rules and regulations of getting a broker license, off the top of my head I do not recall but I believe it's 2+ years experience and/or a certain number of transactions under your belt.  

Enclosed vou will find the followingdisclosures as indicated below for your pending loan application with ______1) Federal Truth-In-Lending Disclosure Statement2) Notice to the Home Loan Applicant3)  Disclosure Notices: Affidavit of Occupancy, Anti-Coercion Statement, Fair Credit Reporting Act, FHA Loans/Government Loans4) Equal Credit Opportunity Act5) Flood Disaster Protections Act of 19736) Notice to Applicant of Right to Receive Copy of Appraisal Report7) Patriot Act Information Disclosure8) Servicing Disclosure Statement9) Good Faith Estimate10) 4506T11) Borrower's Certification and Authorization12) Privacy Statement13) Required List of Service Providers Disclosure14) Undisclosed Debt Form15) Homeownership Counseling NoticePlease sign and date each disclosure where indicated and return these documents in theenclosed self addressed return envelope.

You asked about the legality, there are federal regulations that employers, sources of income, landlords, mortgage holders and debt holders provide applicants or their lenders with the information to applicants/lenders for insured mortgages.

We are the state capital -not lacking for government employees.

The TOT regulation includes any structure used for transient sleeping per poses and states that you must register said place and remit taxes or be subject to a misdemeanor and a fine of up to $1K and/or up to 6 months in jail.  

However, i think Albany is better than most of the hudson valley as it has biotech, the government and some universities there.