Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Seltzer : Real Estate Advice

  • All0
  • Local Info0
  • Home Buying0
  • Home Selling0
  • Market Conditions0

Activity 1
Thu Nov 1, 2012
Wendy Knorr answered:
The FHA mortgage programs are intended to promote home ownership for owner-occupants. Department of Housing and Urban Development (HUD) prohibits using FHA financing to purchase investment property homes. There is a limited set of circumstances where a homeowner with an FHA mortgage is allowed to have a second FHA insured home loan.
Click the link to read the exceptions.
Read more: Can I Have 2 FHA Loans at the Same Time? |
There may be other types of loans that fit your needs.
You can contact your lender to see your loan options, or contact me and I can put you in touch with lenders who do a variety of loans that may fit your needs.
Looking forward to hearing from you.
Wendy E. Knorr
President PA CRS Chapter
President Schuylkill County Board of REALTORS®
REALTY WORLD - We Get Results
107 W. Centre Street, Ashland, PA 17921
Office: 570-875-2045
1671 Long Run Rd., Schuylkill Haven, PA 17972
Office: 570-739-7277
Cell: 570-205-1995
Fax Toll-Free: 1-866-517-8996
... more
0 votes 1 answer Share Flag
Search Advice
Seltzer Zip Codes