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Ben Volkman
  • Houston, TX
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DFW Dallas FHA Lending - True or False?

Ben Volkman
  • Houston, TX
Posted Nov 22 2019, 06:36

Dallas/DFW - I was speaking with my broker and she only had 1 lender who would do an FHA on a triplex (trying to do owner - occupied house hack). The lender said that in order to qualify for FHA the 2 non-owner occupied units need to cover the full mortgage payment in order to be approved for FHA 3.5% down program-- True or False?

I've never heard this in 3 years of podcasting and reading forums so it was a surprise to me.  If anyone knows, its the BP community!  

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