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Angeldoby
145 Posts |
Posted - 11/06/2009 : 07:33:59 AM
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Need income from co-borrower, which is his dad.... 60-70% ltv..... what is best lender for this scenario? Please help Thanks |
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Jimmymackin
878 Posts |
Posted - 11/06/2009 : 09:14:21 AM
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i am looking through allregs to get an answer
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Angeldoby
145 Posts |
Posted - 11/07/2009 : 08:49:33 AM
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Thanks Let me know I appreciate it |
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the_mortgage_guy
2628 Posts |
Posted - 11/08/2009 : 07:28:11 AM
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| Pam, sounds like your best is FHA because Fannie and lenders are very strict on borrower "holding their own". More leniency with FHA. |
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Jimmymackin
878 Posts |
Posted - 11/08/2009 : 08:25:22 AM
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is no longer allowed at all
FHA non occ cash out - revised May 10
FNMA - non occ - income cannot be used to qualify |
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Angeldoby
145 Posts |
Posted - 11/08/2009 : 11:54:10 AM
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ok guys...good info... thank you |
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