FHA Duplex or 4-Plex Multi-Family Loan!

*Renters Pay The Mortgage* 

 Be Your Own Landlord!

* FHA Loans as high as $701,900 owner occupied

* Live in 1 unit and rent out the other(s).

* Use the other rental unit(s) to qualify for the loan.

* Only 3.5% Down - most programs require 20% down.

* Must be owner occupied

New FHA 2010 Rules

Mortgage insurance premiums are increasing from 1.75% up front to 2.25% up front (EFFECTIVE APRIL 1, 2010)

Allowable Seller paid closing costs will be reduced from 6% of purchase price to 3% of purchase price

 FHA information

 FHA Loan Limits