Can someone have two FHA mortgages?I have a FHA mortgage on my primary residence that I have lived in for three years. My husband and I want to rent our home (condo) and purchase another home. Can we qualify for another FHA loan? We would prefer to only have to pay 3.5% down payment.May 01 2013 - Charleston0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.