Financing in 94114>Question Details

Elduderino, Home Buyer in 94114

Is the 'self-sufficiency' test frequently a limiting factor in closing a 3-unit FHA in SF? How does the FHA assessor determine the?

Asked by Elduderino, 94114 Sat Apr 3, 2010

'market' rent? I'm looking at buying a 3-unit building in San Francisco with an FHA loan. I have 21% to dedicate to the down-payment, but not the 25% that would be required for a conforming loan.

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We work with several lenders who offer different programs. If you shoot me an email I'll send you several referrals.

Best Regards,

Lance King/Managing Broker
DRE# 01384425
0 votes Thank Flag Link Sun Apr 4, 2010
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