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Relocating question?

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Anonymous
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Relocating question?

Hello evryone quick question?....im looking to purchase a home out of state in July...i want to go FHA..problem is i wont be able to move until the beginning of next year...will this be a problem getting approved for an FHA loan?
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Anonymous
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Re: Relocating question?

Hopefully the experts will correct me if I'm wrong but if you're getting the loan claiming it's a primary residence it looks like you need to occupy it within 60 days and continue for a year.  Here's a link to the FHA handbook http://www.fhaoutreach.gov/FHAHandbook/prod/infomap.asp?address=4155-1.4.B.2
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