Can I refinance my 1st mortgage on my condo while it's being rented out?Hello,I had to move out-of-state for my job couple of years ago and am currently renting out my condo. I am actually renting a place now so I don't have another mortgage. I have two questions: 1) Am I supposed to tell my mortgage lender that I am currently renting out my place? 2) Am I allowed to refinance my mortgage when it's not owner occupied? I am planning to move back to my condo in a year, but need rental income to subsidize my mortgage in the meantime. Any help is greatly appreciated. Thanks.February 26 2014 - Seattle00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.