Buying A Vacation Home As A Primary Residence, Fha?
I would like to buy a home out of state and well over 2,000 miles away as a vacation home.
I currently rent and don’t plan on buying a home here in my area. I am a first time
home buyer. Can I buy this home with an FHA mortgage as a primary residence? Does FHA
allow vacation homes. THanks.
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No, FHA loans are for primary residences only and you can’t have a primary residence 2000 miles away from your current employment.