Question by : Could you rent out the house that has second home mortgage?
I want to refinance my previous house because we moved to another state and own another house. The previous house is qualified for second home mortgage for refinance. And, I do have the money to pay for the second home mortgage. But, could I rent out the house that has second home mortgage on it? Renting will help keep the house warm in the winter of New England.
Best answer:
Answer by Lucy
yeah you can definitely it does not matter.
What do you think? Answer below!
Yes, man it’s your house now and you can do whatever you want to do with it. But it would be good if you asked the owner before investing anything in your mortgage house.. keep him aware of the renting make easy thing for you.