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Updated about 7 years ago on . Most recent reply

Jun Zao's profile image
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Jun Zao
  • from Chicago, Illinois
  • Member since Oct 15, 2017
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Jun Zao's profile image
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Jun Zao
  • from Chicago, Illinois
  • Member since Oct 15, 2017
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Jun Zao
  • Chicago, IL
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Buying & Selling Real Estate

What are the limits of a FHA loan?

Jun Zao
  • Chicago, IL
Posted

So if I am looking a legal 4-unit multi-family at a list price of $899,000, would I be able to find a lender who is willing to approve an FHA loan with 3.5% down?

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Wayne Brooks
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  • from West Palm Beach, Florida
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Wayne Brooks's profile image
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Wayne Brooks
  • #1 Foreclosures Contributor
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  • from West Palm Beach, Florida
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Lending Tree is a joke of a source. Find a Local fha lender, preferably Not a big bank as they often have overlays more restrictive than the fha guidelines.

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