Renting out my primary residence
I need to move out of my current home. Unforseen circumstances have occured. I purchased the home within the past 3 months. This is a conventional mortgage. FNMA has already bought the loan. My lender, 5/3 bank told me I am free to move out and rent the property out as long as I clear everything with the county/city. They told me because it is conventional, I do not need an occupancy waiver. Should I investigate further? I don't want to be Charged with mortgage fraud.