FHA Pre-Approval

[Gibran]

I live in FL but I'm looking to buy a condo property in MI (Originally from MI, I travel back home ALOT so it would be nice to have a place to stay and not always have to spend on a hotel or stay with family). I more than likely will have to go the FHA route, just wondering if anyone has a link to a site where I can get FHA pre-approved? Also since I don't have a particular condo picked out yet (have a few in mind though), if asked for the amount what should I put?

[DallasLoanGuy]

You cannot use FHA on a second home.

It is for primary residence only

[Gibran]

Really? Wow thanks for that information

[Anonymous]

I thiought you could have 2 FHA mortgages if you can show you've outgrown the first home......

[rockymtngrl]

If you outgrow your house and then buy a new house the new house would become your primary residence.

A "second home" would be a house that is not a primary residence kind of like a vacation home.

[Gibran]

So basically the only way I am going to be able to buy this condo is through a conventional mortage?