How many properties can a borrower own when obtaining an FHA mortgage?

Posted on Sep 3, 2012 in FHA Information

Question by ???: How many properties can a borrower own when obtaining an FHA mortgage?
I know that only one FHA mortgage is allowed per person. But can that person own an investment property and get a refinance FHA on their primary?

Best answer:

Answer by golferwhoworks
yes as long as the investment is not FHA insured

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One Comment

  1. You can not have a 5th mortgage. You are well under the limit.
    Do you understand that FHA loans are the worst loans? I don’t hate FHA (i’ve used them often) but they are for people with bad credit. Avoid them and get a conventional loan. /