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Updated 4 months ago on . Most recent reply

User Stats

12
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7
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Nolan Ring
  • Specialist
  • Carmel, IN
7
Votes |
12
Posts

3/3 lenders have no idea about FHA loans

Nolan Ring
  • Specialist
  • Carmel, IN
Posted

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'

Most Popular Reply

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1,821
Posts
903
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Scott Wolf
  • Lender
  • Boca Raton, FL
903
Votes |
1,821
Posts
Scott Wolf
  • Lender
  • Boca Raton, FL
Replied
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...

  • Scott Wolf
  • Loading replies...