Posted on: 15th Jul, 2012 06:50 pm
I would be a first time home buyer but my partner currently owns his but it renting it out. Would I be able to apply for the loan with him on it? We are getting married but not before the purchase of a house. Also does a condo qualify for a WHEDA loan?
Thanks
Thanks
Hi Guest!
Welcome to forums!
You will be considered a first home buyer only when you can prove that you did not own any property for the past 3 years. If both of you can prove, then both of you can get qualified for a loan for first time homebuyer.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
You will be considered a first home buyer only when you can prove that you did not own any property for the past 3 years. If both of you can prove, then both of you can get qualified for a loan for first time homebuyer.
Feel free to ask if you've further queries.
Sussane