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Updated almost 2 years ago, 01/24/2023
Resources for FHA Loans
Hello,
I am looking to purchase my first multi-family rental via an FHA loan. I understand the basic concept of the loan but I would like to learn more about it. How do I qualify? how to start the loan application etc. Can anyone suggest an official website to learn more about FHA loans? Much appreciated.
@Irakli Khakhviashvili You can start working with your own bank. You can meet personally with MLO in your bank or can apply online on their website.
Quote from @Harjeet Bhatti:
@Irakli Khakhviashvili You can start working with your own bank. You can meet personally with MLO in your bank or can apply online on their website.
Awesome thanks much!
Awesome thanks much!
@Irakli Khakhviashvili I would find a mortgage broker that understands househacking. I've had terribly bad luck with househacking clients and local banks or national banks. If you find the right loan broker than knows househacking with FHA loans you'll be in great shape! @Tim Swierczek do you know anyone in CT he should talk to?
- Jordan Moorhead
- [email protected]
- 512-888-9122
Quote from @Jordan Moorhead:
@Irakli Khakhviashvili I would find a mortgage broker that understands househacking. I've had terribly bad luck with househacking clients and local banks or national banks. If you find the right loan broker than knows househacking with FHA loans you'll be in great shape! @Tim Swierczek do you know anyone in CT he should talk to?
That is very helpful, thanks much!
Quote from @Irakli Khakhviashvili:
Hello,
I am looking to purchase my first multi-family rental via an FHA loan. I understand the basic concept of the loan but I would like to learn more about it. How do I qualify? how to start the loan application etc. Can anyone suggest an official website to learn more about FHA loans? Much appreciated.
Hey Irakli, FHA is a great starting point. Talk with local lenders about their first time home buyer programs, some have 0% down, no PMI, etc.
Quote from @Jordan Moorhead:
@Irakli Khakhviashvili I would find a mortgage broker that understands househacking. I've had terribly bad luck with househacking clients and local banks or national banks. If you find the right loan broker than knows househacking with FHA loans you'll be in great shape! @Tim Swierczek do you know anyone in CT he should talk to?
@Irakli Khakhviash Please PM me and I will connect you with a House Hack Lender in CT.
@Irakli Khakhviash
- Tim Swierczek
Quote from @Tim Swierczek:
Quote from @Jordan Moorhead:
@Irakli Khakhviashvili I would find a mortgage broker that understands househacking. I've had terribly bad luck with househacking clients and local banks or national banks. If you find the right loan broker than knows househacking with FHA loans you'll be in great shape! @Tim Swierczek do you know anyone in CT he should talk to?
@Irakli Khakhviash Please PM me and I will connect you with a House Hack Lender in CT.
@Irakli Khakhviash
Thanks Tim! Doing it now