Can I still get an LLC if I purchased with FHA

[Greta Andrews]

I've always been under the impression that if you purchase with FHA, you can't put it in to an LLC until you've refinanced to a conventional loan. I just want to confirm this.

[Allan Smith]

FHA will not lend to an LLC. If you transfer ownership to an llc, you would be breaking agreement with lender and ethically and legally need to acquire new financing.