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Is there a time limit the new home buyer needs to stay in the house, say if his job moves them?

by ilovecompliance281 from North Platte, Nebraska. Dec 4th 2017 Reply

William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,703 contributions

For most all conforming loan products, you need to live in your home for at least 1 year.. however, this is regards to your intent when you took out the loan.. If when you applied, your intent was to stay there for a year or more, but now something has changed, like your job transfer, then that's totally acceptable.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

Dec 5th 2017
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