Posted on: 10th Dec, 2008 08:41 am
my girlfriend is buying a house and must use a co-signer to qualify. she does not want to go with fha. can she use her daughter as a non occupant co-signer.
Hi vegasthedobie!
Welcome to forums!
As far as I know, conventional loans do not allow a non-occupant co-signer for the loan. Only FHA loans allow a non-occupant co-signer. But to be on the safer side, your girlfriend can consult the lender from whom she is raking the mortgage.
Feel free to ask if you have further queries.
Sussane
Welcome to forums!
As far as I know, conventional loans do not allow a non-occupant co-signer for the loan. Only FHA loans allow a non-occupant co-signer. But to be on the safer side, your girlfriend can consult the lender from whom she is raking the mortgage.
Feel free to ask if you have further queries.
Sussane