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Updated about 3 years ago,

User Stats

10
Posts
3
Votes
David Wicks
  • San Antonio, TX
3
Votes |
10
Posts

USDA then FHA Financing?

David Wicks
  • San Antonio, TX
Posted

Hello everybody. So, I purchased a my first home (house hacking by the room) with USDA financing in July of last year. I am coming up on 1 year of occupancy and I want to use favorable financing to purchase a multifamily househack next (preferably a duplex, or triplex) My question is can I qualify for FHA owner occupied financing on my next purchase. I know there are rules surrounding having more than one FHA loan, but what about when you have USDA financing? Is it permitted? I look forward to hearing from you guys. Thanks

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