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how long do we have to stay in our primary residence after refi to avoid a mortgage fraud?

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We plan to switch our primary residence into our 2nd home.How long do we have to stay there before we switch them again?Main father will remain living in there.Thanks
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August 07 - US
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If you signed your first mortgage documents without the intent to live in the property as your primary residence, then you've already committed fraud.  If you didn't, then you haven't.  Most lenders' closing documents have some period specified, usually a year, but that's "intent", and there's no fraud if you intended to live there and circumstances have changed.

The real-world answer is that if you keep making the payments, it is unlikely that anyone will care.  But that's not what you asked.
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August 07
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If you received the answer to your question, that's great. If not, you need to drfine it better.
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August 08
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Most lenders  to my knowledge require the second home to be in a vacation area which is what my rep gave to me recently from two wholesale sources.

Good Luck
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August 07
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Most primary residences don't really pass the 2nd home test.  Being that the home would need to be in an area that a second home makes sense!  Vacation area most often but not always.
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August 07
 

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