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can i rent my house out?

by cocoapuff71198 from , California. Jun 19th 2015 Reply


Korene Clopine-Seaman (korene)
#69 ranked lender in Arizona - 83 contributions

You should be able to rent it out depending on if you are not in an area that has an HOA that prohibits renting our your home. I would recommend you contact a professional management company if you have never rented out property before to avoid legal issues. There are a number of very qualified realtors in your area in California that would be pleased to help you. Thank you for the opportunity to be of service to you.Korene Clopine-Seaman, NMLS 218520, Branch Manager/ Senior Mortgage Originator, Geneva Financial LLC , 15396 North 83rd Ave., Suite F-101, Peoria, AZ 85381, Equal Opportunity Lender 623-340-0934

Jun 19th 2015
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David Schwartz (davids)
#482 ranked lender in California - 24 contributions

When a home owner ask a question like that, Lenders antena's go up. Depending on the type of loan you have you may have an issue renting your home. For instance there is a loan program in california that requires the homeowner to retain their home as a primary residence or repay the first time homebuyer loan. This may or may not pertain to you. This is only one expamle of potential pitfalls. We mortgage professionals need the exact details of your situation to advise you. Please follow up with your specfic details for a real answer.

Jun 19th 2015
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