Subject:                          std max financed homes

 

Gateway max is 4 financed loans.

 

Benny Linex

Sr. Underwriter

Gateway Mortgage Group, LLC

14850 Quorum Drive, Ste. 450

Dallas, TX  75254

(972)908-3390,   ext. 117

(918)858-8374 e-fax

 

From: Kevin

Sent: Monday, October 25, 2010 7:09 PM

To: Benny Linex

Cc: 'Jerry Lair'

Subject: FHA Max Properties

 

Hi Benny!

 

We have a client that is purchasing a home for 225k fha.  Currently he owns 8 properties with 6 of them having loans on them.    He is moving up from his primary residence worth approx 155k to a home on 7 acres so Im not worried about the Owner Occ concerns,  what I am wanting to verify is that you don’t have a max property financed rule for FHA?

 

Kevin