Can I Rent Out Some Rooms in My New Home With an FHA Mortgage? – JJ

December 10, 2020December 10, 2009 by Steve Rhode

“Dear Steve,

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Purchased home under an FHA loan. Will be inspected to see if I am a primary resident in a month and a half. If this is my primary residence, am I also allowed to rent out a couple of the rooms?

JJ”

Dear JJ,

Well you want to be very careful that you don’t do anything to jeopardize your loan status. I would check with a HUD approved housing counselor for a specific answer to your situation.

Please update me on your progress by

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Steve Rhode Debt Coach and Author

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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