FHA question - qualifying events

[Tom Horan]

Hi Folks - I am looking to purchase a property as an owner occupant (either low money down conventional, or FHA). I am hopeful to purchase a property in the next 3-4 months.

There is an outside chance that in the initial year of being an owner occupant, my full time job will relocate out of state. Would this be considered a qualifying event to no longer occupy my property and rent it out? I’m assuming so, but wanted some confirmation.

The relocation is very hypothetical at this point and I don’t want a job relocation to slow down my plans to purchase a home.

Thanks in advance.