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Updated about 8 years ago on . Most recent reply

Patrick Moore's profile image
Patrick Moore's profile image
Patrick Moore
  • Rental Property Investor
  • from Chicago, IL
  • Member since Aug 5, 2016
  • Posts 89
  • Votes 20
  • Experience 7 Yrs
  • Investments 1
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Patrick Moore's profile image
Patrick Moore's profile image
Patrick Moore
  • Rental Property Investor
  • from Chicago, IL
  • Member since Aug 5, 2016
  • Posts 89
  • Votes 20
  • Experience 7 Yrs
  • Investments 1
Connect
Patrick Moore
  • Rental Property Investor
  • Chicago, IL
20
Votes |
89
Posts
Private Lending & Conventional Mortgage Advice

Fha live in strictness

Patrick Moore
  • Rental Property Investor
  • Chicago, IL
Posted
In order to get an FHA loan you must live in the property for a year. If you get a non family member to cosign for you, they also must live in the property. My question is this, how strict are they? Do they check up on you often? What happened if you get caught with the co signer not living in the property?
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Chris Mason's profile image
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Chris Mason
  • Lender
  • California
10,788
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Chris Mason
  • Lender
  • California
ModeratorReplied

A non-occupant coborrower does not need to live there with you.

  • Chris Mason
    • 2 Votes
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