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Fha 100 Mile Rule Exceptions


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Fha 100 Mile Rule Exceptions. Here are the four main exceptions: This means you cannot keep your house and then turn around and buy another one a few miles away using an fha loan for the acquisition of the new primary home.

100 FHA Zero Down Financing Program in Florida
100 FHA Zero Down Financing Program in Florida from www.makefloridayourhome.com

These exceptions let you keep the first fha loan and take a second one, but rental. Normally, fha limits borrowers to one fha loan at a time. Are there any exceptions to the fha 100 mile rule?

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100 FHA Zero Down Financing Program in Florida

Obtaining an exception to the fha 100 mile rule can be challenging, as not all lenders may be willing or able to accommodate such requests. These exceptions let you keep the first fha loan and take a second one, but rental. When the borrower has an fha loan on their current home but relocates due to employment, and wants to obtain a new primary residence with an fha loan. This means you cannot keep your house and then turn around and buy another one a few miles away using an fha loan for the acquisition of the new primary home.

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