FHA loan on a duplex

[Chris Hayes]

I live in Oklahoma City. I'm looking to buy a duplex later this year to house hack with. I've got my eyes on a few already. I went and got preapproved through a mortgage company. However, they're telling me that I can't use an FHA loan on a property that will be used for tenants, even if I were to live in one of the units, and that I would need to put down at least 25%. Anyone else run into this issue? I've heard countless times that you can use an FHA loan to househack.

[Michael Ablan]

Yes, you can purchase a duplex with an FHA loan as long as you move into one of the units. Either they don't know what they're talking about or there was a miscommunication. I would try to clarify the question to them and if they still try and say it's not possible then I'd run to a different bank as fast as possible.