Is it possible to have 2 FHA loans or do I need to refinance to a different loan type?

It depends on the situation. Call a local loan officer to discuss.

Yes, it is possible to have 2 and 3 three but in order to get another one today there are some strict guidelines like family size increasing, moving of state, having and FHA investment property loan. You need to call a Lender411 loan officer and talk to them about your situation.

Rare, with special circumstances.

FHA Loans are only intended for primary residences, and you may only have 1 primary at a time. Although there are ways of possibly getting an exception:A. Relocations.B. Increase in Family Size.C. Vacating a Jointly Owned PropertyD. Non-Occupying Co-Borrower.http://portalapps.hud.gov/FHAFAQ/controllerServlet?method=showPopup&faqId=1-6KT-879

Hi Emily, The answer to your questions is Yes, It is possibel to have more than one FHA loan, but a property can not be purchased for investment purposes with an FHA loan. What are you trying to do? Thank you, Victor NavarroMortgage BankerNMLS # 335881Mortgage Banking Division25391 Commercentre Drive, Ste. 250Lake Forest, CA 92630Toll Free Phone: 1-877-319-8345 X: 236Direct Line 1-949-380-6836E-Fax: 1-949-288-6268 Email: vnavarro@crosslinecapital.com

Your situation will dictate whether or not you can qualify for a second FHA Mortgage. Two most common reasons for someone qualifying for a second FHA Mortgage are 1. Job transfer or relocation more than a typical driving difference from their current home, usually 50 miles or more. 2. Family has out grown current home i.e. bought 2 br home as couple and now have 2 or 3 kids, creating need for space and additional bedrooms. If you live in Michigan fell free to contact me. You'll also want to look into using a conventional mortgage with 3% down there are many lenders that will do this with as low as a 680 credit score.

There is a situation where you can.Call us or email us at 201-962-3555 or Team@BestMortgageOption.com for ano cost no obligation analysis of your situation. Ask for Michelle or Benny We will find the Best Mortgage Option to suit your needs!You can check us out at www.BestMortgageOption.com We are also proud Homes for Heroes affiliates

You can only get a 2nd FHA loan under certain circumstances that are very narrow. If your situation doens't fit into that narrow definition, you'd have to refinance the existing FHA loan into a conventional loan or pay it off in full before you'd be eligible to get another FHA loan. To find out if you're situation would qualify you for getting a 2nd FHA loan, you should call your local FHA loan officer to discuss.If you're in California, feel free to contact me anytime at 818-284-6481.Best regards,Martin MesaRate One Financial, Inc.P (818) 284-6481mmesa@rateonefinancial.com

It is possible to have multiple FHA loans; however, you will have to attest occupancy as a primary residence to get a new FHA Insured Home Loan. Have a great weekend.

Very difficult. Remember you are dealing with a Federal Agency. If they smell fraud. It can cost you

It is possible to have two FHA loans... but it is not automatically OK. You need to talk to a local mortgage broker to see if you fit the exception rules. in MN or WI, visit www.JoeMetzler.com

No - not with any of the FHA-insured Reverse Mortgage programs.

It is possible but not the norm.