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How do i sell fha home and transfer it? That dont male sense! I wanta sell , keep the money and then transfer. Is this possible?

by Sherri_734_280 from Mansura, Louisiana. Jun 7th 2013 Reply


Ray Antonelli (Focused)
#68 ranked lender in Ohio - 66 contributions

The title co handles the transfers.When you sell you get whats left over.It doesn't matter what kind of title or mortgage except if you haveand FHA mortgage the sale must complete before you can use FHA to buy another home.

Jun 7th 2013
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Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

When you sell your current property, and pay off your present FHA loan, that loan, and its FHA Case Number "dies". When you later buy a new property, a new loan, with its own case number, is originated. You can not transfer an existing FHA loan to a new property.

Jun 8th 2013
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