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12
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Nolan Ring
  • Specialist
  • Carmel, IN
7
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3/3 lenders have no idea about FHA loans

Nolan Ring
  • Specialist
  • Carmel, IN
Posted

Today I reached out to 3 different lenders in Northern Idaho about FHA loans for small multifamily properties (2-4 units).

Each lender gave me a different answer about the terms of the loan such as required down payments, max loan amounts, and a few other things.

Was hoping to find a lender that has experience working with FHA loans in multifamily, ideally in Norther Idaho (Coeur D'Alene). Does anyone have any names that come to mind? Thanks for any help'

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Scott Wolf
  • Lender
  • Boca Raton, FL
956
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1,978
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Scott Wolf
  • Lender
  • Boca Raton, FL
Replied
Quote from @Nolan Ring:

Today I reached out to 3 different lenders in Northern Idaho about FHA loans for small multifamily properties (2-4 units).

Each lender gave me a different answer about the terms of the loan such as required down payments, max loan amounts, and a few other things.

Was hoping to find a lender that has experience working with FHA loans in multifamily, ideally in Norther Idaho (Coeur D'Alene). Does anyone have any names that come to mind? Thanks for any help'

There's a website where you can check who has done FHA loans in your area. Might help you find a lender. I believe this is it: https://www.hud.gov/program_offices/housing/sfh/lender/lende...

  • Scott Wolf
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