qualification as "first time homebuyer"---OWNERSHIP OF PROPERTY--three year limitation

---OWNERSHIP OF PROPERTY--three year limitation--Does that mean that borrower cannot be in title to a property for three years prior--OR, does that mean that the borrower must not have lived in that property as primary residence for past 3 years. If curraent property is being rented, does borrower still qualify as first time borrower?

In order to be considered a first time homebuyer you can own property as long as this has not been your primary residence for the past 3 years.