Question about FHA and how long I have to live in it…?

There is a foreclosure in the same building my husband's condo is in (he bought his condo before we got married so I am not on the mortgage or title).

We are thinking about getting the other condo in my name only. I only want to place down the 3.5% for FHA. How long does the property have to be my "primary residence" before I can rent it out?


Related Articles

Related FHA and HUD Posts

Tags: , , , , , , , , , , , , , , , , , , , , ,
Tags: , , , , , , , , , , , , , , , , , , , ,

One Response to “Question about FHA and how long I have to live in it…?”

Leave a Reply

Recent Posts:

Real Estate Conditions 2 – Mortgage & First Time Home Buyer Dec08 Seller to pay Closing Costs
Florida FHA mortgage lender ((down to 580 FICO))
Latest FHA Streamline Refinance Auctions
Fha Refinance — Hope for Homeowners Program
Florida FHA Mortgage, Eazy to Qualify!!

Related results on Question about FHA and how long I have to live in it…?

  1. This year looks similar in many ways and many lenders have already pulled the plug on USDA loan applications. Wells Fargo is no longer accepting USDA applications from it's mortgage brokers. For us it is business as usual and we don't expect to stop funding unless the Committee on Appropriations gives an ... Popular Searches. » 2010 Home Buyer Tax Credit Guide; » FHA Frequently Asked Questions; » FHA Down Payment Assistance Grants; » FHA Mortgage Rates; » FHA Loan Limits ...

  1. So I'm buying my first house, its an FHA loan, and the biggest thing on my mind is figuring out how to pay as little interest as possible over the years. I'm buying a less expensive house that I could afford, so that I can have money left over ... I rarely move, I've been in the same 5 mile radius my whole life, I plan to be in this house for a long time). Right now I've already got my minimum down payment/closing costs. I've also got enough money for an emergency fund. ...

  1. My boyfriend is applying for a FHA home loan today, he has great credit, 700's and has have a job for awhile. The only item is that he has cut back hours lately because of going to university and work and they asked for his last month of pay stubs. ... We don't want to live in it for long, only as long as it take to fix it up and maybe a little bit more. We afterwards plan to rent the house out. We were approved for a home loan and are a little confused roughly? ...