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Updated almost 9 years ago,

User Stats

187
Posts
102
Votes
Keith N.
  • Investor
  • Raleigh, NC
102
Votes |
187
Posts

FHA Loan - Do I have to owner occupy for a year?

Keith N.
  • Investor
  • Raleigh, NC
Posted

Hi All,

If I got a new job ~30 miles away from my house, would I be able to stop owner-occupying my house prior to a year (say I've lived there 6 months) and either rent a place or buy a new house closer to my new office?

Just wondering, as I may soon be in this situation.  I Didn't know if it was a super hard rule, or if this would be allowed as long as a talk to my lender.  

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