Yes. FHA does not cap on the number of homes a borrower can own. However, FHA does restrict borrowers from having more than 1 FHA mortgage unless you meet some exceptions.
For FHA mortgages orginated after June 2013, mortgage insurance stays on the mortgage for the life of the mortgage. Except if you put 10%+ down payment when you orginated the mortgage, then mortgage insurance drops off after year 11.
The Federal Housing Administration (FHA) mortgage program is a popular choice for many homebuyers due to its low down payment requirements, flat mortgage insurance and flexible credit and income rules
