QuesHub > FHA > FHA > first > ASK DETAIL

Do you have to be a first time home buyer to get an FHA loan?

Zoe Wright | 2023-06-05 18:14:35 | page views:1889
I'll answer
Earn 20 gold coins for an accepted answer.20 Earn 20 gold coins for an accepted answer.
40more

Benjamin Wright

Works at the World Health Organization, Lives in Geneva, Switzerland.
With the FHA, that's possible, but with other lenders, it may not be. That 3.5% down payment, by the way, is available to all FHA borrowers, not just first-time homebuyers. The only catch for experienced homebuyers: you can only have one outstanding mortgage with the FHA at any given time.Sep 1, 2014
2023-06-13 18:14:35

Benjamin Allen

QuesHub.com delivers expert answers and knowledge to you.
With the FHA, that's possible, but with other lenders, it may not be. That 3.5% down payment, by the way, is available to all FHA borrowers, not just first-time homebuyers. The only catch for experienced homebuyers: you can only have one outstanding mortgage with the FHA at any given time.Sep 1, 2014
ask:3,asku:1,askr:137,askz:21,askd:152,RedisW:0askR:3,askD:0 mz:hit,askU:0,askT:0askA:4