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Private Lending & Conventional Mortgage Advice

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Spencer Glaser
  • Attorney
  • Memphis, TN
25
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37
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FHA loan in the same year as a conventional mortgage?

Spencer Glaser
  • Attorney
  • Memphis, TN
Posted Jun 6 2017, 16:57

I cannot seem to find my answer online and I want to have some knowledge on the issue before i reach out to a mortgage loan officer. Two months ago I purchased my first duplex (house hack!) and I received a conventional mortgage through my local bank. In the next 4-6 months I would love to purchase another home using an FHA loan and move into the new home. Will I be able to get an FHA mortgage? Is there any waiting period required for getting an FHA mortgage after you get a conventional mortgage? Any other potential issues you see here?

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