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HomeForumsQuestions About BiggerPockets & Official Site AnnouncementsCan I use a loan to pay for down payment for a FHA Mortgage
Yasmin Mohamed's profile image
Yasmin Mohamed's profile image
Yasmin Mohamed
  • from Philadelphia, Pennsylvania
  • Member since Jun 12, 2017
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Yasmin Mohamed's profile image
Yasmin Mohamed's profile image
Yasmin Mohamed
  • from Philadelphia, Pennsylvania
  • Member since Jun 12, 2017
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Yasmin Mohamed
  • Philadelphia, PA
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24
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Questions About BiggerPockets & Official Site Announcements

Can I use a loan to pay for down payment for a FHA Mortgage

Yasmin Mohamed
  • Philadelphia, PA
Posted Nov 4 2017, 17:28
Hello, I want to get my first multi-family home using an FHA Mortgage. I don’t have cash but I know I can get approved for a line of credit that would cover my down payment. Would the bank consider me a risky lender even if I have a great credit score?
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