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conventional loan. How many properties may be on a shared well?

by michelle920 from Phoenix, Arizona. Nov 3rd 2015 Reply


William J Acres (William_Acres)
#75 ranked lender in Arizona - 8,728 contributions

The guidelines only allow for 4 properties on one well.. We've have seen in the past where some lenders might have overlays that only allow 2 or 3.. but the FHA and Convetnional guidelines state 4.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Nov 3rd 2015
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 4,852 contributions

FHA guidebook says 4, but as previously mentioned, any individual lender can choose not to follow FHA guidelines and say something less.

Nov 3rd 2015
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