Zillow Advice: FHA and VA Loans - Do we qualify for an FHA loan? http://www.zillow.com/advice-thread/Do-we-qualify-for-an-FHA-loan/432341/ Zillow Advice | Zillow Real Estate If it makes sense for you, ... http://www.zillow.com/advice-thread/Do-we-qualify-for-an-FHA-loan/432341/ If it makes sense for you, you can have both of you on the loan if you want. If you can't qualify for a new home and keep the townhome, you may want to sell the townhome first. Depending on where you buy, sellers may not want to take an offer with a contingency to sell your current home, because of the difficult time some sellers are having. Check with your Realtor on this.<br/><br/>Good luck!<br/><br/>Warm Regards,<br/>Cory Sun, 19 Feb 2012 05:00:00 GMT http://www.zillow.com/advice-thread/Do-we-qualify-for-an-FHA-loan/432341/ 2012-02-19T05:00:00Z FHA isn't just for First ... http://www.zillow.com/advice-thread/Do-we-qualify-for-an-FHA-loan/432341/ FHA isn't just for First Time Homebuyers. Your wife is able to go onto the loan with you. If are keeping the other home, then you'll need to qualify for both mortgages. Hope this answers your questions. Sun, 19 Feb 2012 04:48:00 GMT http://www.zillow.com/advice-thread/Do-we-qualify-for-an-FHA-loan/432341/ 2012-02-19T04:48:00Z