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Updated over 8 years ago on . Most recent reply

User Stats

58
Posts
8
Votes
Alex Sanchez
  • West Chicago, IL
8
Votes |
58
Posts

How many FHA loans can you attain?

Alex Sanchez
  • West Chicago, IL
Posted

My agent told me an FHA loan is one time thing. I was under the impression that I could have another FHA loan if the first loan was either payed off or refinanced into a conventional. Is she right?

Most Popular Reply

User Stats

13
Posts
6
Votes
Blaine Bacon
  • Oklahoma City, OK
6
Votes |
13
Posts
Blaine Bacon
  • Oklahoma City, OK
Replied

If you refinance into a conventional loan, yes you can get another fha loan. I think you just have to stay for a year before you turn it into a conventional.

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