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Maximal number of qualifiable mortgages.

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pellis Joined: 27 Apr 2011 Posts: 1 1.26 Dollars($)	Posted: Wed Apr 27, 2011 8:31 am    Post subject: Maximal number of qualifiable mortgages. Like 0 Dislike 0 What is the maximal number if qualifiable mortgages including one primary residence in California
chrisgummerson Community Expert Joined: 29 Apr 2010 Posts: 704 Location: La Palma, CA 9.98 Dollars($)	Posted: Wed Apr 27, 2011 10:48 am    Post subject: Like 0 Dislike 0 If you are asking how many properties you can own that have financing, and you want to purchase more, then most lender would not do more than 7 financed properies. If you have more financed properties you would need to find a portfolio lender or another lender who has a niche program for financed properies. GL _________________ Chris Gummerson Bay Valley Mortgage Group bayvalleymortgage.com 714-367-5125
jameshogg Joined: 20 Dec 2005 Posts: 10460 Location: Nevada 987.57 Dollars($)	Posted: Wed Apr 27, 2011 9:00 pm    Post subject: Like 0 Dislike 0 Hi Pellis, As far as I know, FHA will allow mortgages on 4 properties. I think this is true in case of all the states. Thanks

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