Other criteria like age, number of years in current job or a number of years at current residence among others also get considered differently by different lending institutions. (creditsudhaar.com)
This is a common thing people do but paperwork probably states you intend to occupy current residence as primary for X amount of months. (thetruthaboutmortgage.com)
And if you're not familiar you may be very surprised when a lender denies your loan when you try to convert your primary, current residence into a second home or rental. (iloanhomemortgage.com)