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Updated almost 5 years ago on . Most recent reply

Jessica Mayo's profile image
Jessica Mayo's profile image
Jessica Mayo
  • Investor
  • from Nationwide
  • Member since Aug 25, 2017
Connect

User Stats

15
Posts
4
Votes
Jessica Mayo's profile image
Jessica Mayo's profile image
Jessica Mayo
  • Investor
  • from Nationwide
  • Member since Aug 25, 2017
Connect
Jessica Mayo
  • Investor
  • Nationwide
4
Votes |
15
Posts
Buying & Selling Real Estate

FHA Assumable Loan - Remove CoBorrower - Owner Occupancy Rules

Jessica Mayo
  • Investor
  • Nationwide
Posted
I'm trying to remove a co-borrower from my FHA loan. It's been owner occupied for over the year requirement. The mortgage company (Amerihome Mortgage) said I could do an FHA Assumption. My question is whether it has to be owner occupied for another year, it's about to be a rental property.
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