FHA Loan for Multifamily
Can it be done for an 8-family contracted for $2.5 in Cobble Hill? Turnaround time? We’re skeptical but our broker seems to think it should be ‘no problem’. Thanks.
Can it be done for an 8-family contracted for $2.5 in Cobble Hill? Turnaround time? We’re skeptical but our broker seems to think it should be ‘no problem’. Thanks.
I’d like to know who your (mortgage?) broker is that says it should be no problem, and what terms you can get (term, rate, max LTV)
I thought FHA backed loans for 1- to 4- family purchases, not commercial loans.