FHA funds are made to make homeownership more attainable for lower- and you can reasonable-money earners. Because of this, its normally not to be used towards funding qualities, vacation property otherwise 2nd family instructions. Most of the time, the brand new FHA means borrowers utilize the property they’re to get as their number 1 household.

FHA Occupancy Requirements

Brand new FHA generally speaking need consumers so you’re able to invade the property they are to purchase and employ it because of their no. 1 household for around you to definitely seasons. Weiterlesen