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Can I use HFC funds to purchase a rental investment property?

April 26, 2017funds HFC Investment Property purchase rental

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Can I use HFC funds to purchase a rental investment property?

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A. Mortgages under the program are for owner-occupied property only. However, you can purchase a two, three, or four- unit property as long as you occupy one of the units as your principal residence and you stay within HFC guidelines for total purchase price.