Yes, but "the dude can argue" can apply to the house example. "I planned to rent out the rooms". "I planned to get a better job". "The house is worth $1M to the

Yes, but "the dude can argue" can apply to the house example. "I planned to rent out the rooms". "I planned to get a better job". "The house is worth $1M to the right buyer", etc. If someone lends you money on the basis of honest information you present to them I don't see how it is fraud. It might be unwise to take such loans, but that's a different thing.