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Updated about 7 years ago on . Most recent reply

User Stats

15
Posts
5
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Tim Vander Ploeg
  • Dearborn, MI
5
Votes |
15
Posts

FHA loan and 203k loan

Tim Vander Ploeg
  • Dearborn, MI
Posted

The house I am in now was bought by my wife 3 years ago before we were married... So the loan is completely in her name, can I take out a 203k loan in my name and rent out our current home? Or would I have to refinance my current home and pay off the first FHA loan? Or is it not possible to get a second FHA or 203k at all?

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