Hello, 
Quick question to all, if I have an FHA loan on my current primary home but my wife is not part of the loan (however, she is in the title) can she pursue an FHA loan separately for an investment property? I want to say NO since the home is considered OUR primary home but would like to hear what you have to say.

Thank you.

Ivan

You can only get an FHA loan for your primary residence. Unfortunately, if your wife wants to get an investment property, even though she is not on an FHA loan for the house where you live, she cannot get an FHA loan unless you switch the investment property to an "owner occupied" home. How long ago have you purchased the home where you live in now? Have you considered refinancing it so you can use that FHA loan on another home?

Thank you, Tina. I just recently purchased the property (2 yrs) and not enough equity as of today for conventional loan as I was told. But, you mention changing the investment property to "owner occupied"? Still means we have to live in the property though? Can you please expand and would it be an FHA loan?