Specialized In Jumbo Loans, Investor Loans, DSCR Loans, Non-QM Financing, Commercial Mortgages, and Tax-Informed Lending Strategies
Published By
David Ghazaryan
Owner / Broker / Banker
Contact Me At
(702) 766-3744
NMLS 1486726
Learn how a non-occupant co-borrower can help you qualify for a mortgage by using their income and assets, even though they will not live in the property.
Discover the specific rules and requirements for using a co-borrower with major loan programs, including FHA and Conventional loans.
Understand the critical impact a co-borrower's existing debt, income, and ability to contribute to the down payment has on your home loan approval process.
Identify the risks of having a new mortgage appear on your co-borrower's credit report and how it affects their financial standing.
Read the full blog article here: https://www.iqratemortgages.com/blog/using-a-co-borrower-for-a-mortgage-in-texas
Your helper's money could actually sink your home loan application. I'm David Ghazaryan, and I structure loans combining separate incomes. We combine all incomes, but we must also add debts. This creates a blended financial profile for the lender's approval. This new loan now appears on your helper’s credit report. For the full analysis, find my platforms via links below.
Read Blog Here: https://www.iqratemortgages.com/blog/using-a-co-borrower-for-a-mortgage-in-texas
