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Conventional Loan Co-Signer.

For a conventional loan, can I use a co-signer? Charlotte,NC | Apr 14th 2010
by Jennas
Answer


by LHARVEY

By co-signer I am assuming you mean someone to apply for a loan with you as a co-owner and occupant of the property. If that is your goal then any conventional program or government program will allow it. If you mean the co-signer will obligate himself or herself to the loan note but not live in the property then your product selection becomes very slim. FHA will allow non-occupant co-borrowers but not conventional Fannie/Freddie loans. There are also a few other non conventional lenders that have programs specifically for this purpose but you will pay more for these products.

Apr 15th 2010
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by Angelo ...

yes you can but only with certain conventional products. You can call me to discuss. 704-631-9276. My name is Angelo.

Apr 15th 2010
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by jimteak

Hello--Call Me 24/7/365--Jim Teak II @ 619-293-4200www.JimTeak.com

Apr 16th 2010
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