Can I rent my property if i have a fha streamline refinanced mortgage?

Yes... You sure can. But the big question is how long ago did you get the loan. If you recently refinanced and knew you would be turning into a rental, that can be troublesome. If on the other hand it has been awhile, and or at the time of refinance, you had no idea you'd be turning it into a rental.. You are fine. Rent away... www.Minneapolis-Mortgage.net

Hi, generally, FHA requires that you keep the property for 3 years from the date of purchase as your primary residence. After that, there are no specific rules as to whether or not you are allowed to purchase a new primary residence and move out of your FHA loan. FHA generally will not allow a single homeowner to hold more than 1 FHA loan but, there are certain circumstances that allow this. FHA will actually allow you to refinance your FHA loan on the streamline program as an investment property as well. Feel free to reach out to me with further questions. We are a premier broker that operates out of Minnesota but, hold our license in Florida. Here is my direct contact info: David Ortega - 954-900-9788 - dortega@satorimortgage.com - www.satorimortgage.com

The simple answer is yes you can. Please call us to discuss your options. Call us or email us at 800-991-5309 or Team@BestMortgageOption.com for ano cost no obligation analysis of your situation ask for Michelle or Benny. We will find the Best Mortgage Option to suit your needs! Check us out at www.BestMortgageOption.comAsk us about the awesome discounts we offer heroes as a Homes for Heroes affiliate

When you refinanced you signed paperwork that said your intent was to occupy the property. If something changed to where you now have to rent it out for some unforeseen circumstances you should be okay.

FHA requires you maintain your home as a principal residence for 1 year after a streamline. if something changed that was unforeseen, then you should be ok, but in reality, so long as the payments are made on time, you shouldn't have an issue.. I don't know a single person who has told me that FHA checked up on them to see if they still lived in their home with an FHA mortgage.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com