impact on mortagage rate from residence to investment house# Living
r*c
1 楼
When changing the primary residence to rental, what happens to existing
mortgage loan and its rate? Will the lender force me to refi it with a
higher rate or just bump up the rate without long refi process?
I have a refinance 4.25% 15 yr on my primary on August 2011, which I am
starting to rent it out from this month. I am calling insurance company to
notify the change of occupancy status. Do I have to call lender to notify
the change of occupancy status?
mortgage loan and its rate? Will the lender force me to refi it with a
higher rate or just bump up the rate without long refi process?
I have a refinance 4.25% 15 yr on my primary on August 2011, which I am
starting to rent it out from this month. I am calling insurance company to
notify the change of occupancy status. Do I have to call lender to notify
the change of occupancy status?