Answer: FHA allows a borrower to have 2 FHA mortgages and for a departure residence to be used as an investment property. However, they must meet the guidelines below. Reference: 4000.1, II, A, 1, b, iii, (A), (2) (c) Exceptions to the FHA Policy Limiting the Number of Mortgages per Borrower: The table below describes the […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.