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Updated over 5 years ago,
Quick conventional loan questions (when you have portfolio loans)
Hi everyone,
I have 2 conventional loans in my name and more than 10 portfolio loans in my LLC. A couple quick questions:
1. I believe a person can have up to 10 conventional loans. Do I still qualify for a conventional loan even though I only have 2 currently? (but I have more than 10 total loans)
2. If I ever wanted to move/buy another personal residence, would I be able to get a conventional loan?
I'm assuming no, to both