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Updated over 3 years ago on . Most recent reply

How far away from work can I use an fha loan?
Is there a certain distance in miles or driving time that would disqualify me from buying in a certain area for using an FHA loan?
For example. About an hour away from where I work is an area that would be an excellent airbnb location after my one year residency.
I would love to get a solid property with a low dp but the distance from my job is my only concern with underwriting.
Most Popular Reply

@Ryan Cleary I have never heard of an FHA distance requirement. The only rule of concern is that you occupy the property as a resident during the first year of purchase.