It is possible to score one minute FHA financing in the event that relocating getting performs, wherein you buy the next possessions as the a first home and you can hold the old property as well.
Finally, if you’re a low-consuming co-borrower into the a current FHA mortgage, it’s possible to get several other FHA financing to own a property you plan to consume.
If your established home is 100 % free and clear otherwise financed having a low-FHA financial, just be all set provided the niche assets will probably be your no. 1 residence.