FHA Self-Sufficiency Test For 3- and 4-Unit Properties 2024
FHA requires 3 & 4-unit properties to pass a financial stress test to be eligible. Run the test before buying.
Tim Lucas spent 11 years in the mortgage industry and now leverages that real-world knowledge to give consumers reliable, actionable advice. Tim has been featured in national publications such as Time, U.S. News, MSN, The Mortgage Reports, and more.
FHA requires 3 & 4-unit properties to pass a financial stress test to be eligible. Run the test before buying.
Considering a multifamily home with an ADU and want to use an FHA loan? The lender may have to call the ADU an additional unit. What to know.
The HUD homes $100 down program can make you a homeowner with very little money out of pocket. See if you qualify for this program.
FHA loans for non U.S. citizens are available at the same rates and terms as citizens receive. How to apply and be approved.
Buying a foreclosure with a USDA loan is possible, but not easy. Increase your chances of landing an affordable home with a zero-down loan.
Getting a cash-out refinance to buy an investment property is often a good idea. Discover how to make sure the costs pencil out in your favor.
The Freddie Mac Home Possible program offers 3% down, reduced mortgage insurance and rates, and flexible income sources.
Homebuyers can receive up to $3,000 in down payment assistance with Freddie Mac BorrowSmart or BorrowSmart Access.