Fannie Mae & Freddie Mac – Co-Signer Obligation – Can I exclude a co-signed mortgage obligation?

Answer: Only if you meet the following conditions. Reference: B3-6-05, Monthly Debt Obligations (01/30/2018) Debts Paid by Others Certain debts can be excluded from the borrower’s recurring monthly obligations and the DTI ratio: When a borrower is obligated on a non-mortgage debt – but is not the party who is actually repaying the debt – [...]