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Updated over 3 years ago on . Most recent reply

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Stuti S.
  • High Point, NC
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Is 4-plex considered commercial property?

Stuti S.
  • High Point, NC
Posted

Is 4-plex considered commercial property? Can FHA loan be applied for owner-occupied 4-plex?

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Christopher Phillips
  • Real Estate Agent
  • Garden City, NY
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Christopher Phillips
  • Real Estate Agent
  • Garden City, NY
Replied

@Stuti S.

Residential is 1-4 family, which an FHA can cover up to regional limits. 5 family or greater would be commercial...

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