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Should You Wait To Use Fha On Your Second Property


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Should You Wait To Use Fha On Your Second Property. If you are interested in an fha mortgage, it’s important to understand that occupancy is a key issue. This means that if you are considering buying a second home or an investment property, using an fha loan is generally not permitted.

Using FHA to leverage your first investment property YouTube
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Yes, you can get an fha loan for a second home if your purchase is because of an “undue hardship,” such as getting a job that’s over 100 miles from your current house or outgrowing your current house. The answer is yes, you can get an fha loan for a second home in certain situations. You can’t get a second fha loan for a vacation home, timeshare, or investment property.

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Using FHA to leverage your first investment property YouTube

This means that if you are considering buying a second home or an investment property, using an fha loan is generally not permitted. However, there are occupancy rules and other. Yes, you can get an fha loan for a second home if your purchase is because of an “undue hardship,” such as getting a job that’s over 100 miles from your current house or outgrowing your current house. If you are interested in an fha mortgage, it’s important to understand that occupancy is a key issue.

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