Home Buying in Chehalis>Question Details

Ronee Lyles, Home Buyer in Phelan, CA

I am getting ready to exit a house and am interested in an home path home. Is ittrue I must have 6 mths in reserve for both houses to qualify?

Asked by Ronee Lyles, Phelan, CA Tue Nov 29, 2011

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I am both a lender & a real estate broker. If you want to contact me directly, I would be happy to discuss this with you.. In order to answer your question, I would have to ask you some other questions first.
Web Reference: http://www.metromgi.com
0 votes Thank Flag Link Tue Nov 29, 2011
If you plan on selling your home,and sell it, you only need 2 months in reserves for the loan. You can't have two FHA home loans. You can only have multiple home loans if you are going conventional.
0 votes Thank Flag Link Tue Nov 29, 2011
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