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Janie, your investor client, wants to use an FHA loan to purchase an investment property. What should you tell her? Unset starred question FHA loans
Janie, your investor client, wants to use an FHA loan to purchase an investment property. What should you tell her?
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"FHA loans are not available to investors."
"FHA loans require a larger down payment from investors."
Provided the property is more than four units, you can make that happen."
"That's fine, but you'll have to live in the property."
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