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Updated over 6 years ago,
Buying a 3 house using FHA
Hello forum members.
My wife and I have a primary residence in NY and we recently closed on an investment property in FL. I have both mortgages on using my credit and my wife is on the deed only. She has no involvement in financing so in the eyes of the bank, she's never had a mortgage. We want to buy another investment property using her credit. With that being said I have two questions.
1. Will she be able to get a mortgage as if it were here first home?
2. Since she's never had a mortgage before, could she qualify for an FHA loan?