Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

25
Posts
2
Votes
Raul Ruvalcaba
  • Investor
  • Parlier, CA
2
Votes |
25
Posts

How many conventional loans are you allow to have? July 2016

Raul Ruvalcaba
  • Investor
  • Parlier, CA
Posted

Hello, 

I currently have 4 conventional loans. They are all investments. I contacted the loan officer who had helped with those loans to try and get a 5th investment. However, she advised me the rules had changed and I had already reach my limit. 

I read some guidelines and I kinda understood it depend on how the loan was underwritten. That it was possible to have 6 to 10 loans. 

As the rules and guidelines stand, how many mortgages loans can a buyer have? 

I searched the forum and the posts I found go back 12 months. But I guess the rules recently changed. 

Thank you in advance. 

Most Popular Reply

User Stats

17,764
Posts
15,292
Votes
Chris Seveney
  • Investor
  • Virginia
15,292
Votes |
17,764
Posts
Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Shaun Weekes - thanks for the info and links

  • Chris Seveney
business profile image
7e investments
5.0 stars
16 Reviews

Loading replies...