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Tina Lee
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199
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Mortgage statement for prinary home can i request address change

Tina Lee
Posted

Hi all, I took this loan out for my residential condo, now I am moving away and wanted to rent my residential to a tenant. But since mortgage was applied for my primary address. Can I request an address change? My broker told me better not too. But I don’t want my mortgage account and my 1098 which with all my personal info to be mail it my tenant.

Any inputs?

Thanks

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Patricia Steiner
  • Real Estate Broker
  • Hyde Park Tampa, FL
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Patricia Steiner
  • Real Estate Broker
  • Hyde Park Tampa, FL
Replied

To avoid a larger discussion, I recommend signing up for online statements.  Have all communications come to your email address as well and place a do not mail notice with the mortgage company (infer that you can't trust mail delivery in your area or something of the like - which isn't lying because you won't be there to get it!).  Know that if you file a change of address with the post office, the mortgage/mortgage service company will receive a notification of new address from the USPS as financial mail is sent with "address correction requested."  If you have recently closed (still trying to avoid the discussion), you may not want to bring attention to the fact that your "owner occupation" declaration was pretty much for entertainment value only.  

Hope this helps...

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