FHA owner occupancy restrictions? - Posted by Earl Anderson

Posted by Paul_NY on March 29, 2000 at 23:19:17:

The payment on the FHA loan is paid to a regular bank just like any other loan, right?

Shouldn’t all the technique’s for taking over the payments apply here?

FHA owner occupancy restrictions? - Posted by Earl Anderson

Posted by Earl Anderson on March 29, 2000 at 21:43:23:

The way I understand it an FHA morgage is assumable, but the requirement is owner occupancy. Is there any way to still assume these loans and be able to rent these properties?