 TITLE: How Many Times Can I Get an FHA Loan? CONTENT: Can You Get an FHA Loan More Than Once?\n---------------------------------------\nYou can get multiple FHA loans in your lifetime. But while you don't need to be a first-time homebuyer to qualify, generally speaking, you can only have one FHA loan at a time. This prevents potential borrowers from using the loan program to buy investment properties.\nHowever, you may qualify for an additional FHA loan without selling or paying off your current property under the following circumstances:\n*   You're relocating to an area that's beyond reasonable commuting distance to your current residence or where affordable rental housing is not available.\n*   You're leaving a jointly owned property to buy a home, and the co-owner plans to remain in the home (such as in a divorce).\n*   You cosigned an FHA loan for someone else and now want to purchase your own home.\nIf you want to purchase another home with an FHA loan to accommodate your growing family, you'll need to provide evidence of the increase in dependents and your current home's failure to meet your needs. You will also need at least 25% in equity in your current home to be eligible; if you're not there yet, you'll need to pay down the loan balance until you reach 25% in equity to qualify.\nAs long as you meet one of these exceptions, there is no required waiting period between FHA loans. END