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All Forum Posts by: Caitlin Davis

Caitlin Davis has started 0 posts and replied 21 times.

Mortgage Brokers & Lenders

Post: Assume FHA mortgage owner occupancy requirement

Caitlin DavisPosted
  • Lender
  • Brooklyn, NY
  • Posts 23
  • Votes 12

The best way to get a clear answer is to reach out directly to the servicer of your assumed FHA loan. They can confirm whether the occupancy requirement was satisfied by the previous owner or if you need to meet it as well. Additionally, they should be able to clarify how FHA guidelines apply in this specific scenario. Good luck with your renovation!

0 Votes