Purchasers who co-signed for an FHA mortgage loan for someone else, and now want to purchase their own home using FHA financing, may do so provided they did not occupy the home and their new home will be their primary residence.

RELATED ARTICLE TITLE: FHA – Signer on Multiple Properties – Will FHA allow a person who has co-signed on an FHA loan to purchase their own home with FHA financing? [MTP™- Second Time Around] Answer: If the co-signer was on an FHA mortgage, then they will have to be eligible to obtain another FHA mortgage […]

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