FHA Not Allowed On A Multifamily In NJ??

[Tyler George]

Hello BP community!

I applied to get pre-approved by Better Mortgage for a multifamily property (2 - 4 units) in New Jersey (Im looking to specifically get a duplex).

However the loan went through as conventional. I emailed the loan officer why it didn't go through as an FHA loan (which is what I specified).

She replied saying that 2-4 unit properties are not eligible for FHA loans in NJ.

I am new to real estate investing and this will be my first house-hack.

Has anyone here financed a multifamily in NJ with an FHA loan?

Are multifamily homes not eligible for FHA loans in the state of New Jersey?

Happy to hear everyone's responses and experiences!

[Jonathan Greene]

Not correct. Half the people house hacking their first multi in NJ do it with an FHA loan. They may be saying that they can't do it for you on an FHA, which is different. I would confirm if they are really saying that FHA on multi doesn't work (which is a complete lie) or they can't do it for you based on the numbers although I can't see why.