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Updated over 8 years ago on . Most recent reply

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11
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Johnny Le
  • Developer
  • Lafayette, LA
0
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11
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Has anyone ever done this?

Johnny Le
  • Developer
  • Lafayette, LA
Posted

Hi everyone,

I was wondering if anyone has tried to do what I'm planning to do. I'm looking to purchase a multi-family home (preferably a fourplex) with an FHA loan as an owner-occupant. The problem is that I'm currently unemployed, but I have enough for down payment+closing costs. If I approached this loan with a co-signer who has an impeccable credit score and hefty net worth, would I be granted an FHA loan?

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