The HomeReady® and HomePossible® program allows for non-occupant co-borrowers. The issue may be that the non-occupant’s income is included in the income limit! There may be other great financing options so call me first!
Related Article Title: Non-Occupant Co-Borrower – HomeReady® or HomePossible® Question: Will HomeReady® or HomePossible® allow a non-occupant co-borrower? MC – Non-Occupant Co-Borrower Chart – All Agencies & Non-Occupant Co-Borrower Lunch & Learn Answer: Both products allow for non-occupant co-borrowers. Please review these two fact sheets that we have included in our supporting resources below. There […]