RE: The House 'Will Rent' and 'Easily'.
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Wow, you folks have to get permission from your mortgage bank to rent out your own house? That's so different from here. We have complete control over our houses even while paying off the mortgage. Well except for government permits being needed for some renovations anyway.
Well good luck getting it rented out (let) at a good price, and soon.
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I do need permission, and I have to pay an additional 1% on the mortgage for the privilege!
And that's with the house being worth 3 times more than the outstanding mortgage!
It's hardly a risk on their part.