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Updated about 10 years ago on . Most recent reply

Moving before residency on FHA
I am exploring a potential job about 200 miles away (from Forth Worth, (NISD) TX to Round Rock/ Austin, TX) from where I bought a house with an FHA loan in March of 2014. If I were to rent or lease option the house. What sort of paperwork do I need to file with FHA/lender? Is there a mileage limit or is the relocation for work enough to bypass all of the residency restrictions?
Thanks! Also welcome advice on possibly setting up the lease option/rental in TX. Last time I tried to rent a house in Las Vegas, it was disaster, this was before I found BP
Most Popular Reply

- Real Estate Professional
- West Palm Beach, FL
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If you move that far (I think 50 miles or more) for work, no issues, no need to file anything. If questioned later, you can document.