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Updated over 6 years ago on . Most recent reply

User Stats

25
Posts
4
Votes
Brendan O'Donoghue
  • Rental Property Investor
  • Fort Ann, NY
4
Votes |
25
Posts

FHA Loan Guidelines / Rules

Brendan O'Donoghue
  • Rental Property Investor
  • Fort Ann, NY
Posted

Hey guys! So I've been doing a lot of research on FHA loans as I'm looking to house hack. From what I understand, the rules for being able to use the FHA loan is:

must be owner occupied, 

must live in the house for at least 1 year, 

Mortgage Insurance Premium required,

Must have 1 year landlord experience in order to apply for another FHA Loan?


Is my understanding correct for these requirements? (Specifically the last point) 


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