hi.......great comments below...if for any reason the corp. hasn't owned the home for 90 days.the paperwork (file) would have to be re-started after the 91st day........also, most all lenders are requiring a 12 month chain of title from the title (escrow) company to see who and for how long each owner of record has owned the property.....we here in michigan have some lenders that have a black list of companys that are regular sellers of investment properties.they are typically critiqued a bit more than most to document all the repairs, before and after pictures, receipts for materials, etc, etc..are given to the appraiser to document why the price they paid vs. what the property is now being sold for makes sense....i wouldn't be too concerned about buying fha from a corporation.....it should probably go fine....best regards.bob mcclure- success mortgage partners- plymouth, michigan.......

Dear HenryChen,

While FHA does have certain restrictions on the loan in regards to the property, there is one that you may not be aware of and is more common with Corporate Owned homes. This restricton is the 90 day flip rule. If you are looking at Corporate Owned homes, chances are it was bought as a fixer and the Corporation may not have owned it 90 days yet. If the 90 days have not elapsed, FHA will not insure.

Hope this helps.

All my best,
Micki

Hi there Henrychen. It deoends on the property. There are restrictions with FHA loans , if not a condo you should be fine. If yiu have an agent ask them if not I would be happy to review all the home that are available to FHA buyers in whatever city you are considering .

Kind Regards
Michael Barron
Realtor/MBA
First Team Real Estate
(714) 552-6817

Hello Henry.
I would need a little more information from you to correctly ascertain an answer for you. If the property is a residential property such as a single family residence or a condominium then it does not matter who owns the property. However, there are some other potential issues that could make the property potentially unpurchasable, but we can discuss if you like.

Please feel free to give me a call or email me so we can discuss.