FHA Owner Occupancy Military

[Kelly Smith]

I purchased a home with the use of the FHA home loan program four months ago. When I purchased the home it was my intention to live there for 4 years as I thought my fiancé would be re stationed in Colorado Springs with the Air Force. We just got orders to move to Florida. Do I need to get married to my fiancé and provide the Morgage company Military orders? Can I write a letter of hardship that living in Colorado while my fiancé is stationed in Florida would be difficult? I want to rent the property out and not sell it as we plan to move back here as soon as we can. What advice do you have? Thank you

[Greg H.]

There are no issues at all and no need to write a letter to your mortgage company. FHA guidelines deal with "your intent to owner occupy for at least 1 yr" and your state that is/was the case. I would suggest documenting your actions in a file in the rare instance that your file is audited

Rent your house and wait to marry your fiance' when the time is right for the both of you