When can i sell my FHA home ?

You can sell your FHA loan whenever you want. There are no penalties.

There are not any limitations on when you can sell your home.

I have been a compliance officer, so the first step, on your note it wiil say at least you have to owner occupy for 60 days., had made the first payment , so you will not get a first payment default.. also, the upfront mip fee, and be rolled into another fha loan, or they will refund that , but remember , you are dealing with a govt agency, so, figure out the time frame.. linda

Some lenders, but definitely not all lenders, will loan money to a buyer wishing to purchase a flipped property.That is a property someone has owned for less than 90 days such as yourself. People sell houses within90 days of buying them. Make sure you make that first payment which more than likely is to the lender whofunded your loan before planning to sell it to a lender who services loans. Keep up the payments on your loanand seek an experienced realtor with a good reputation in your area! We do a significant amount of FHA businessthroughout the country though my branch only does FHA loans in CA.

There is no limitations as to when you can sell your house while you have an FHA loan. Enter your answer here

You can sell it whenever you wish. The buyer may have some trouble recieving a mortgage if they plan to purchase using an FHA mortgage. The flip will only be considered a flip if you are turning a significant profit from the sale. You will not get into any trouble. People have life changes and may need to sell for whatever reason. You will not be penalized for that. give me a call if you would like to discuss further. We are an NJ Lender and the bulk of our loans are FHA. 908-933-0253 ask for Peter or email me at Pbotros@omegaloans.net