Tag: non-occupying co-borrowers

Requirements for Non-Occupying Borrowers – Daughter in College

Question: My clients want to buy a home for their daughter to live in while she is in school and after she graduates this year.  The daughter has a job and a credit score, so will this work? MC Chart – Non-Occupant Co-Borrower Guidelines Answer: As long as she is a borrower, will be occupying […]

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FHA Info # 19-09 – FHA Updates to Handbook 4000.1- March 27, 2019 – Effective March 27, 2019. [NEW – 4000.1 Handbook Old Guidance vs. New Guidance Chart]

Written By: Tracey Rumsey, Staff Writer With no notice and a 1030-page transmittal discussing the clarifications in the handbook, FHA blindsided the industry.  Our FHA expert painstakingly went through the entire transmittal to create this article and accompanying chart to help you get to the bottom line and understand what changed.  This is a must […]

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