FHA Investment Properties

FHA loans are generally only for owner
occupied purchases or refinances. But,
many people move out of their owner
occupied homes after living in the home
for a minimum of one year and keep theses
properties as rentals.  If this is your
situation, you can apply for a FHA Investor
Streamline Refinance Loan without an
appriasal being required.  It is a rate &
term refinance, no cash out is allowed.    

FHA Financing for Investors

For investors purchasing FHA/HUD Real Estate
Owned (REO) properties, owner occupancy is
not required when the jurisdictional FHA HOC
(Home Ownership center)  sells the property
and permits the purchaser to obtain FHA-insured
financing on the investment property. In these
situations, the mortgage amount is limited to
75 percent of the lesser of either the appraised
value or the sales price for 1 - unit properties,
and 85 percent for 2 to 4 - unit properties,
up to local maximum mortgage loan limit amounts.
Prepaid expenses, financing or closing costs
may not be included in the mortgage loan amount
for investor purchasers.

Call or E Mail if you have any questions.

480-390-2123  

  MBongiovanni@TheLendingCo.com

 Rates are Great,

Decades Low

5.00% Range!

Ask Me How! 

 Fill out Quick Quote Below

	First Name:* Last Name:* E-Mail:* Phone:* Loan Amount: Loan Purpose: Purchase Refinance Refinance & Cash Out Loan Program: 50 Year Fixed 40 Year Fixed 30 Year Fixed 20 Year Fixed 15 Year Fixed 3/1 ARM 5/1 ARM 7/1 ARM 10/1 ARM Adjustable Interest Only Property Use: Primary Residence Second Home Rental or Investment Property Type: Single Family Condo/Townhouse 2 Units 3 Units 4 Units Other Property Value: Enter Code Shown:* * Required