Updated over 7 years ago on . Most recent reply
First Time FHA loan options
Hi Bpers,
I am looking to do a house hack for my first investment property and was hoping someone could provide me advice on financing options. I have determined my best option would be to get an FHA loan on a multifamily property. Does anyone have a suggested mortgage company they would use for this type of loan? Also what do you suggest is my best options for FHA loan terms ? How long does the loan process take and what can i expect as far as credit score and employment requirements. Thanks for all of the advice in advance! If you have any other advice for a younger investor do not hesitate to share as well!