Fannie Second-Home Requirements: Can a borrower purchase a second home with other (non-borrowing) buyers?

Answer: You can have multiple non-borrowing individuals and they don’t have to provide their financial information. See guidelines below from Fannie Mae. There is no exclusion for occupancy type within these guidelines: B2-2-04, Guarantors, Co-Signers, or Non-Occupant Borrowers on the Subject Transaction (04/25/2017) Introduction This topic contains information on guarantors, co-signers, or non-occupant borrowers on the […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

Scroll to Top