Asked by Brandillac, Salt Lake City, UT • Thu Sep 6, 2012
My husband and I have had our home for almost 6 years. We have always had an FHA loan on our home. In July we decided to do a streamline refinance to take advantage of the lower mortgage rates. We signed all our paperwork mid July. We have tried to sell our home two different times since we originally bought the house, but never even got an offer. We have recently talked about renting our home, and have read that you cannot rent within 12 months of having an FHA loan. I'm wondering since we have always had an FHA backed loan on the property, could we rent it out now vs. waiting even until next July. We have always been in good standing with our mortgage. Never a late or missed payment. Any info would be greatly appreciated!!
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