Quote:
Originally posted by turbo6bar
Not hearing the attorney's remarks, I must speculate on his four properties per name advice. In the past, FHA would underwrite four mortgages per SSN. Qualify four mortgages under yourself. Qualify four mortgages for your spouse. After you hit four mortgages per social security number, you get conventional mortgages. Sounds fine, but this was all good BEFORE the massive growth in the lending industry. These days, there are so many lenders and so many programs that going FHA isn't all that special.
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That sounds about right. It was a few years ago and we'd already owned the property so it didn't apply. But that's probably what he was talking about.
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