Can you rent out your FHA property?
What if u still make payments but live else where.
- SlickterpLv 72 months ago
FHA requires owner occupation.
- Raymond L.Lv 52 months ago
yes, but I think you have to live there for like a year before you do that.
- SlumlordLv 72 months ago
You mean rent out your house with a FHA loan on it? You can after you have lived there 1 year. If you do it before the year is up and claim hardship they probably won't actually do anything about it but you'd better move in for at least a few months.
- JudyLv 72 months ago
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- curtisports2Lv 72 months ago
FHA requires owner occupancy for at least one year. But FHA is only the insurer of the mortgage. Each individual lender is free to require owner occupancy for the duration of the loan. So you would have to read the mortgage documents you signed.