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Updated almost 8 years ago,
Second FHA Loan - one at a time and spaced years apart
Hi! We bought our first home, a duplex, using an FHA loan in 2010. We refinanced to a conventional loan in 2014.
After 8 years living in this home, we'll be ready to start looking for the next primary residence next year.
I believe we're eligible to use an FHA loan again but can't find any documentation. Can anyone point me in the right direction or confirm that a borrower can take out a second FHA loan if the borrower only has one at a time and they're taken out over 5 years apart?
Many thanks!!