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Updated over 9 years ago on . Most recent reply
Duplex FHA Financing Question
hey all. New to the site. So quick question. I got a pre approval for an fha loan on a duplex. Here's the problem. It has a finished entertaining area with a kitchenette and a bathroom. It is on a separate meter. I'm worried they're going to call it an Aditional dwelling unit and decline the loan. I'm worried because I really can't afford a 40,000 down payment on a conventional loan. Does anyone have any suggestions?