FHA mortgage
loan rules forbid using FHA home loans to buy real estate for investment purposes.
Not exact matches
The IMF's Articles of Agreement
forbid it to make
loans to countries that clearly can not pay, prompting its economists to complain at last year's October 2013 annual meeting in Washington that their institution was violating its
rules by making bad
loans «to states unable to repay their debts.»
I was unable to do forbearance on my student
loan during this period and the
rules forbade me from reinstating it, so I was in default.
FHA
loan rules don't
forbid a borrower from selling the home purchased with an FHA mortgage at any time.