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How Long Do You Have To Live In A USDA Home Before Renting?

Reviewed by: David Naimey

Approved by: Chad Turner

Some individuals wonder why it is important to buy rather than rent a home. You might believe it is cheaper to pay back a landlord instead of a bank. There are distinct advantages to buying an abode with USDA Loans and rural development loans.

Many people find that their mortgage bills are lower than their rent ones were. This is especially true if the home you buy is smaller or older than the structure that your rental unit was a part of. You can save money by purchasing a building.

It is important to note that USDA Loans and rural development loans are designed for folks who are new to home ownership. You can borrow money at very low rates. You might not be required to make a down payment. You can enjoy having equity in your structure. That money can be borrowed for use in making improvements on the space or for other special projects you enjoy.

A lot of folks question if it is better to buy or rent a home. You may think leasing is the least expensive option. You can enjoy the advantages of property ownership with USDA Loans and rural development loans.

Frequently Asked Questions

If you intend to rent out your home from the start, you won’t be eligible for a USDA loan. You’ll need to use a conventional mortgage instead.

You must move into the home within 60 days. After that, you need to stay in the home for at least 12 months before you can rent it out.

The USDA does not allow for non-occupant co-borrowers. USDA loans are designed for occupants only.


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