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Updated 3 months ago on . Most recent reply
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3/3 lenders have no idea about FHA loans
Today I reached out to 3 different lenders in Northern Idaho about FHA loans for small multifamily properties (2-4 units).
Each lender gave me a different answer about the terms of the loan such as required down payments, max loan amounts, and a few other things.
Was hoping to find a lender that has experience working with FHA loans in multifamily, ideally in Norther Idaho (Coeur D'Alene). Does anyone have any names that come to mind? Thanks for any help'
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Quote from @Nolan Ring:
Today I reached out to 3 different lenders in Northern Idaho about FHA loans for small multifamily properties (2-4 units).
Each lender gave me a different answer about the terms of the loan such as required down payments, max loan amounts, and a few other things.
Was hoping to find a lender that has experience working with FHA loans in multifamily, ideally in Norther Idaho (Coeur D'Alene). Does anyone have any names that come to mind? Thanks for any help'
There's a website where you can check who has done FHA loans in your area. Might help you find a lender. I believe this is it: https://www.hud.gov/program_offices/housing/sfh/lender/lende...