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Updated almost 5 years ago,

Kathy Davis's profile image
Kathy Davis's profile image
Kathy Davis
  • Member since Mar 13, 2020
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Kathy Davis's profile image
Kathy Davis's profile image
Kathy Davis
  • Member since Mar 13, 2020
Connect
Kathy Davis
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8
Posts
General Landlording & Rental Properties

HELP-FHA LOAN QUESTION

Kathy Davis
Posted

Hi All, am working on preapproval of FHA loan from credit union to buy my first multifamily. I am in Los Angeles county, California. The loan officer said need to buy property within 60 miles of where I work. Can anyone tell me if this is an FHA criteria? or is it the credit union. If it is FHA, how can we by multifamily out of state? What is a way around this?

Thank you in advance BP family.
 

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