Updated about 3 years ago on . Most recent reply
FHA Loans question
So, I've heard a lot about FHA loans so I have a few questions about them. If y'all could help me please and thank you. So main concern is, can I get multiple FHA Loans and what's the minimum amount to get a FHA loan? Because I have a plan to get a small FHA loan in order to get a bigger one with the small one then pay off the small loan and only worry about the bigger loan. Example, if I get an $7,000 FHA loan, the down payment on the loan is around $245. Then with the $7,000 I get a $200,000 FHA loan.