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Updated almost 9 years ago on . Most recent reply

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Raul Ruvalcaba
  • Investor
  • Parlier, CA
2
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25
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How many conventional loans are you allow to have? July 2016

Raul Ruvalcaba
  • Investor
  • Parlier, CA
Posted

Hello, 

I currently have 4 conventional loans. They are all investments. I contacted the loan officer who had helped with those loans to try and get a 5th investment. However, she advised me the rules had changed and I had already reach my limit. 

I read some guidelines and I kinda understood it depend on how the loan was underwritten. That it was possible to have 6 to 10 loans. 

As the rules and guidelines stand, how many mortgages loans can a buyer have? 

I searched the forum and the posts I found go back 12 months. But I guess the rules recently changed. 

Thank you in advance. 

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19,112
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Chris Seveney
  • Investor
  • Virginia
16,715
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19,112
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Shaun Weekes - thanks for the info and links

  • Chris Seveney
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7e investments
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