House hack loan options with existing mortgage

[David Zimmer]

I'm not totally clear on this concept. I'm already in a 15 year mortgage on my townhouse and would like to roll into a house hack. From what I understand, I could not use an FHA loan to go into a duplex since I already own and live in a property. Being that I want to live in the duplex, are there other 5% down loans that I could qualify for?

[Matthew Kwan]

HI David, What is your current loan that is still has the remaining amortization of 15 years? Yes you can definitely use FHA for multifamily if you haven't used FHA towards your first townhouse. Even if you do end up using FHA on your first loan, there are way exceptions that allows you to use 2 fha loans simultaneousl and also being able to use your fha rental income to qualify if your were doing househack on your townhouse. @Albert Bui @Carlos Valencia