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Updated about 7 years ago on . Most recent reply

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31
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3
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Alphonso Clark
  • Axton, VA
3
Votes |
31
Posts

Lender in NC said 2 unit max on FHA loan i though is was 1-4units

Alphonso Clark
  • Axton, VA
Posted

I'm looking to buy my first multi family in Rockingham County, NC its a 4 unit in a decent neighborhood. With this being a 4 unit i was thinking about using an FHA loan and house hacking. While reaching out to lenders i had a lender tell me that there's a 2 unit max on there FHA loans and I'd have to do a conventional loan. I'm wondering if individual lenders set there own guidelines for FHA loans or have i been getting some wrong information some where? Help BP

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