living trust w/ FHA

[Rob Soete]

This may come across as a dumb question, but does a mortgage transfer with the house if it is transferred into a living trust? Given the owner is willing to move, and owner occupy every year, If the property was financed through FHA, and was transferred into the trust would they be eligible for another FHA mortgage?

Just a thought, and possible strategy if dropping 10% on a down payment is difficult for someone.