What are owner occupied limits for FHA second homes?

FHA is for primary residence ONLY, so I would assume you would have to live there at least 6 months out of the year and your income source would have to coincide with the location, or prove you can work remotely...those are just assumptions...Good Luck

FHA does not lend on 2nd homes.. They only lend on PRIMARY residence. For vacation / 2nd homes, you will need a minimum of 15% down for most lenders. For 2nd homes, so long as you don't rent it out in the first year, then you have met the occupancy requirements.. If you want to know for sure, then contact a LOCAL mortgage broker in the state your looking in and apply with them. By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. 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