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Updated over 5 years ago on . Most recent reply

Damilola Adedji's profile image
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Damilola Adedji
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New Jersey Real Estate Q&A Discussion Forum

Can i use FHA financing to purchase zoned commercial?

Damilola Adedji
Posted

Hi Everyone,

I am interested in buying my first property. I am using a REA and he just sent me an email saying that the property is zoned commercial and FHA financing is not acceptable. I guess my question is, how do i proceed from here?

P.s Any advice will be greatly appreciated. Thanks

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Peter Tverdov's profile image
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Peter Tverdov
  • Real Estate Broker
  • from New Brunswick, NJ
  • Member since Jan 19, 2015
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Peter Tverdov's profile image
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Peter Tverdov
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  • from New Brunswick, NJ
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Peter Tverdov
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Peter Tverdov
  • Real Estate Broker
  • New Brunswick, NJ
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Maybe I am wrong but I am pretty sure FHA is only for 1-4 family homes and nothing else.

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