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Creative Real Estate Financing
HomeForumsCreative Real Estate FinancingHow to get a second mortgage while my FHA loan is still active ?
Jordan Hunter's profile image
Jordan Hunter's profile image
Jordan Hunter
  • from Bossier City, Louisiana
  • Member since Feb 16, 2017
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Jordan Hunter's profile image
Jordan Hunter's profile image
Jordan Hunter
  • from Bossier City, Louisiana
  • Member since Feb 16, 2017
Connect
Jordan Hunter
  • Bossier City, LA
1
Votes |
3
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Creative Real Estate Financing

How to get a second mortgage while my FHA loan is still active ?

Jordan Hunter
  • Bossier City, LA
Posted Oct 21 2017, 23:07

I currently have a FHA loan on my primary residence that I live in. I've lived here for about 13 months consecutively. My monthly mortgage payment is $1200 a month and I will be renting for about $1675 a month. I want to purchase another home. Would my rent payment help with my debt to income ratio? I want to purchase another home. What loans or options would I have for the second home purchase ?

Thanks in advance for all the advice!

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