Comments on: How does my mortgage affect letting my house out? http://411mortgagefaq.com/renting-real-estate/how-does-my-mortgage-affect-letting-my-house-out/ mortgage faq - answers to your mortgage questions Sun, 04 Jul 2010 09:05:51 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Serge M http://411mortgagefaq.com/renting-real-estate/how-does-my-mortgage-affect-letting-my-house-out/comment-page-1/#comment-421 Serge M Tue, 05 Jan 2010 10:56:33 +0000 http://411mortgagefaq.com/renting-real-estate/how-does-my-mortgage-affect-letting-my-house-out/#comment-421 <a href="">CARY</a> If your mortgage agreement states that you must notify the lender if you rent your house, then you must do so or you are violating the agreement. If you are in violation, the lender may demand repayment of the debt. If the agreement is silent on the matter, you are free to let your house with no repercussions. Naturally, you still have to satisfy your mortgage payments. Read your mortgage contract to find out what it says about the matter. CARY

If your mortgage agreement states that you must notify the lender if you rent your house, then you must do so or you are violating the agreement. If you are in violation, the lender may demand repayment of the debt. If the agreement is silent on the matter, you are free to let your house with no repercussions. Naturally, you still have to satisfy your mortgage payments. Read your mortgage contract to find out what it says about the matter.

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