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?
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Tags:
average mortgage,
credit score,
family mortgages,
FHA,
FHA 203k,
fha lenders,
fha purchase,
fiasco,
florida real estate,
foreclosure,
foreclosures,
grandmothers,
mortgage,
mortgage interest rates,
mortgage network,
mr mortgage,
purchase loans,
single family,
star mortgage,
sustainability,
tax credit
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