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Updated over 4 years ago on . Most recent reply

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27
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Jared May
  • Fort Worth, TX
5
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27
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Qualifying for FHA financing with existing VA mortgages

Jared May
  • Fort Worth, TX
Posted
Good afternoon all, I have two existing mortgages through the VA. I'm looking at trying to use a FHA insured loan to buy a family home so that I can leverage my cash for an additional rental property. I haven't found anything that doesn't allow me to have VA and FHA mortgages. Does anyone know otherwise? Any potential pitfalls that I should be worried about? Thanks in advance for the advice.

Most Popular Reply

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1,841
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801
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Upen Patel
  • Lender
  • Nationwide Lender
801
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1,841
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Upen Patel
  • Lender
  • Nationwide Lender
Replied

@Russell Brazil Thanks for the mention.

@Jared May You can have 1 FHA loan at any given time. This should not be affected by you having a VA loan. You should be able to get a FHA loan.

  • Upen Patel
  • [email protected]
  • (571) 331-5161
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