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Vince Douglass's profile image
Vince Douglass's profile image
Vince Douglass
  • New to Real Estate
  • from Philadelphia, PA
  • Member since Oct 7, 2019

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Vince Douglass's profile image
Vince Douglass's profile image
Vince Douglass
  • New to Real Estate
  • from Philadelphia, PA
  • Member since Oct 7, 2019
Vince Douglass
  • New to Real Estate
  • Philadelphia, PA
0
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Mortgage Brokers & Lenders

Can FHA Loan be used for second home purchase ?

Vince Douglass
  • New to Real Estate
  • Philadelphia, PA
Posted

Hello everyone. I'm looking to get some clarification on whether or not I would be able to use a FHA Loan for the purchase of a second home after living in the first for a year. I have read that a homeowner cannot have two FHA Loans simultaneously. Would refinancing the first property and then in turn using FHA for the next property be a viable solution?

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