FHA Loan Approval

[Barry Petty]

Ok I just got pre-approved for an FHA loan. Didn't quite go as I planned but did get some good news. I actually got approved for a tad more than I had expected. Here's the problem though. I had researched loans and read several times online that approximately 70% (not sure of the exact #) of the rents could be used in the scenario of pre-approval in the case of multiunits. However the loan officer has informed me that non of the rents can count towards my approval of the loan. Did I miss something? Is this not the case with FHA? I thought I would be approved for a tad more and perhaps maybe even a quadplex. So I was depending on the rents to to increase my approval amount.

If this is the case should I find another banker and if I do how do I go about it without running my credit multiple times, further bringing my fico down? WHat questions should I be asking etc.?