Multiple FHA Loans At Same Time HUD Mortgage Guidelines Qualifying For Multiple FHA Loans
FHA Loans are for owner occupant primary homes. A homeowner can live in one property. However, many homeowners need to move to another home due to the following reasons:
Growing Family so they may need to move to a larger home
Downsizing: Children may move out of the home to either go to college or start their own families so they may need to move to a smaller home
Job Relocation: Homeowner may need to move to another home closer to their place of employment
If you are a non-occupant co-borrower, you can qualify for an FHA Loan as the main borrower
If two people are on a current FHA Loan but one of them needs to move out, they can qualify for an FHA Loan
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