By Jacob Dixon

Can i has dos FHA financing at the same time?

Can i has dos FHA financing at the same time?

You age big date? I’ve of many members one to most recent own a house which they purchased having fun with FHA financing and today, for some reason, need to change their residence and move into a different family. This process can be quite difficult if you don’t keeps your domestic sold but really or if you propose to continue it and you will rent it.

Generally speaking, a debtor possess only one FHA home loan during the you to definitely time. If the will ultimately they want to get some other FHA mortgage then your very first one needs are paid off before you apply for the next you to. Read more “Can i has dos FHA financing at the same time?”