FHA Assumable? - Posted by MarkB

Posted by Brett on June 20, 2001 at 18:31:33:

FHA loans are assumable for the purpose of a primary residence. The time limit that you must live in the home is constantly changing. There are ways to avoid this but that gets into great detail and you may have to jump through some loop holes. It would be a good idea to consult a local REALTOR for this matter.

FHA Assumable? - Posted by MarkB

Posted by MarkB on June 20, 2001 at 17:10:00:

Is there any way to assume a newer FHA loan as
an investor - other than saying it will be my
primary residence?

Thanks.