Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Lender in NC said 2 unit max on FHA loan i though is was 1-4units
I'm looking to buy my first multi family in Rockingham County, NC its a 4 unit in a decent neighborhood. With this being a 4 unit i was thinking about using an FHA loan and house hacking. While reaching out to lenders i had a lender tell me that there's a 2 unit max on there FHA loans and I'd have to do a conventional loan. I'm wondering if individual lenders set there own guidelines for FHA loans or have i been getting some wrong information some where? Help BP