Am I required to spend time in a property to FHA qualufy?

[Scott Heitman]

I own a fishing boat. I fish Alaskan water for salmon. This years season is over so I plan on wintering in the harbor town of Anacortes Wa. I stay on my boat. Moorage must be paid on the vessel when in port whether or not I'm on it so I just find it easier to stay on it year round. I like Anacortes and so I want to buy an SFR here. Is it possible to get an FHA loan calling this place "my home"even though I'm fishing in Alaska half the year and just staying on the boat the other half. This is my particular plan to house hack. Possibly akin to buying a home, renting it out, and living in the tent or tiny house in the yard.

[Scott Heitman]

Hi Julie great to meet you. Fantastic. I spoke with Kara at Skagit bank. She's sweet. She sold me on a conventional loan that looks to be way better than FHA. No strings or conditions. 4.37% Only 3% down. I'm driving out towards Sedro-Wooley tomorrow for a look around. BTW I would never ever rent out my boat its my lively hood. My idea of a hack is to live here at 325/month, that I have to pay, whether or not I'm onboard (fixed unavoidable cost). All utilities paid. Buy a house to rent out at its full rental potential. I may have to expand my search to out lying areas. That is ok. I really love this town. So much to offer. So beautiful. Great people.