my brother has his own fha mortgage and wants to co-sign for me i’m doing fha as well, can we both qualify, he would be a non-owner occupant, I know with the ancient guidelines you could but how about now?
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Tags:
best term life insurance quote,
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everyday citizen,
fha loan,
FHA Mortgage,
fixed rate mortgage,
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Yes, FHA allows a non-occupant co-mortgagor for the purpose of co-signing for a relative. All income and debts are added together to qualify. Typically, FHA will allow you to only have one FHA at a time.