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Updated about 2 years ago on . Most recent reply

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Vladimir Amazan
  • New to Real Estate
26
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32
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FHA loan vs Owner occupied loan

Vladimir Amazan
  • New to Real Estate
Posted

Hi fellow investors,

I was recently introduced to owner occupied loan as way to possibly finance small multi family properties? 
I was considering going with the FHA since I am planning to house hack and I'm also open to relocating.
I know the criteria for an FHA loan but not owner occupied loan, anyone out there well versed in that aspect? 
Also any recommendations for LENDERS WHO OFFER OWNER OCCUPY LOAN FOR RESIDENTIAL PROPERTIES? 
I would like to know more before deciding which is best for me.

Thank you for reading this. 

Most Popular Reply

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2,618
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Dave Skow
  • Lender
  • Seattle, WA
898
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2,618
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Dave Skow
  • Lender
  • Seattle, WA
Replied

If you live in San antonio or in the genreal area - buying a duplex with a FHA loan would be possible assuming you have income and employment thats usable for qualifying ....if you live and work in FL - buying a duplex with a FHA loan in TX likely not possible

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