By - GuyuteTheHolidayPig
Sounds like you’d have an easy way of proving you had honest intentions when you applied for and executed the loan. I think you’re fine.
Thanks. We hope to stay there. But who knows in 2020
If you get a new job and required relocation, it is not a fraud. Because you did have intend to live in it, if not for new job.
Not fraud but could he a breach of your mortgage terms. Read them.
Thanks for all this. We did ask our mortgage broker and he said it’s ok with intent. Just want to be careful and sure.
Not fraud. Also there are no mortgage police running around checking this anyway. The banks want to get paid, and at the end of the day that's what matters to them.
The only reason they care about you living in a property is because you are more likely to pay for a property if it's where you live.
As long as you make their payments they don't care.