All Forum Posts by: Tyler George

@John C. Yeah the loan officer got back to me with an apology. She said that it's Better's policy not to give FHA loans on MFH, not an FHA policy like she said in her previous email.

@Piero Principe Thanks for the info and advice! I'll keep that in mind.

@Alan Lacey Thanks for your response. It definitely helps knowing this.

@Jeff Shumway Thank you for the heads up!

@Jonathan Greene Thank you for your response. I'll try to confirm with the loan officer why she is saying FHA doesn't work on multifamily properties.

@Joseph Guzzardi Jr Yes I plan on doing a house-hack in the property for more than a year.

Thank you for your response Joseph! 

Hello BP community!

I applied to get pre-approved by Better Mortgage for a multifamily property (2 - 4 units) in New Jersey (Im looking to specifically get a duplex).

However the loan went through as conventional. I emailed the loan officer why it didn't go through as an FHA loan (which is what I specified).

She replied saying that 2-4 unit properties are not eligible for FHA loans in NJ.

I am new to real estate investing and this will be my first house-hack.

Has anyone here financed a multifamily in NJ with an FHA loan?

Are multifamily homes not eligible for FHA loans in the state of New Jersey?

Happy to hear everyone's responses and experiences!