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Updated almost 6 years ago on . Most recent reply

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Nick Sorensen
  • Matamoras, PA
5
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Engaged and looking to do two separate FHA’s

Nick Sorensen
  • Matamoras, PA
Posted

Hi everyone, my fiancée and I have found a great first deal. The deal consists of two homes, right next to each other. The first home,I am pre-approved for, for a fha loan. we would like to do a fha under her name w the other property, that is a foreclosure. We’re just curious to know if this possible. our lender tells us he will not do this because of legal reasons . The question I have is ... if we are not married and already have separate addresses, in different states, why would this be unadvisable for a lender? Any type of feedback is helpful. Thank you all.

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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,510
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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Because he is not an idiot.

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