FHA residency rules post COVID

[John Anderson]

Hi all,

Small question regarding FHA residency rules. I am planning on purchasing a home using a FHA loan near my parents, and looking for a job that allows me to work remotely full-time. My parents currently live about 100 miles away. My current employer has said that they want us back in the office eventually, but have not yet given us a set date.

I understand that the FHA rules say that I must intend to live in the house for one year. If my current employer calls us back to the office before that one year has ended, would I get in trouble if I moved out? Like I mentioned, my intention is to find a new job but I am just thinking of worst case scenarios here. What if I didn't rent out the house for a year after purchasing it? Thanks!