How many home loans can I take out at once?

invest2019

LoanSafe Member
Jun 14, 2019
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I am looking to invest in some property and I have not found a single article or statement that says just how many loans a single person can take out at once. Is there any kind of law that binds a person from taking out more than one loan? What about several loans? I am looking to take out 3 or 4 within 2019 if possible.
 

Jzone

LoanSafe Member
Jun 20, 2017
157
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I am looking to invest in some property and I have not found a single article or statement that says just how many loans a single person can take out at once. Is there any kind of law that binds a person from taking out more than one loan? What about several loans? I am looking to take out 3 or 4 within 2019 if possible.
Why not just take out one big loan and be done with it? Why do you need 3 or 4 smaller loans?
 

Erik Sandstrom

Mortgage Expert - Call 1-619-379-8999
Staff member
Loan Safe Mortgage
Jan 14, 2011
2,049
161
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San Diego, California
www.loansreduced.com
Most investors like Fannie Mae or Freddie Mac will allow no more than 10 max properties financed. Each individual lender you work with will also have a certain criteria or amount of loans they can do for a single person.
 

Erik Sandstrom

Mortgage Expert - Call 1-619-379-8999
Staff member
Loan Safe Mortgage
Jan 14, 2011
2,049
161
63
San Diego, California
www.loansreduced.com
Credit score isn't a determining factor in the number of properties you can have financed, but is definitely a determining factor of whether or not a borrower would qualify.