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Renting home with an FHA loan isonly allowedif the home is an owner-occupant residence and the homeowner is departing the residence The Federal Housing Administration requires the homeowners with a current FHA loan to live in the home for at least one year before Renting Home With An FHA Loan. HUD Guidelines On FHA Mortgages

People also ask


  • Can you rent out an FHA home?

  • Can You Rent an FHA Home? An FHA home, that is a home financed with a Federal Housing Administration-backed loan, can be rented out under defined circumstance. The information below explains what an FHA home loan is, when it is allowable to rent it out, important exceptions and the reason for the restriction.

  • Can I use my FHA loan as a landlord?

  • FHA loan rules require at least one person obligated on the mortgage to occupy the home as the primary residence, which means you cannot purchase a home and act as a landlord who resides elsewhere.

  • What are the rules for FHA loans for rental properties?

  • The rules that govern FHA loans for rental properties are found in HUD 4000.1, the FHA Single Family Handbook. FHA loan rules require at least one person obligated on the mortgage to occupy the home as the primary residence, which means you cannot purchase a home and act as a landlord who resides elsewhere.

  • Can you rent out a house you buy with a mortgage?

  • Conventional Loans If you want to purchase a home that you can then rent out, your better choice is to apply for a conventional mortgage loan. Be aware, though, that you will probably have to come up with a larger down payment — usually at least 10 percent of your home’s purchase price — and pay a higher interest rate.