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Kiddie Condo

Profile picture for snwbnny9
Can someone recommend a lender for a kiddie condo loan (FHA non-occupying co-borrower) loan for my daughter and I?
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February 15 - Sacramento
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Answers (4)

Profile picture for shapiroamg
Being in CA, contact the professor  www.zillow.com/profile/AKA-Chuck/





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February 20
Profile picture for user311176
Snowbunny - I've done many FHA loans, several incorporating Non-occupying co-buyers......Not a whole lot of difference in general, need to take a full application from the non-occupying applicant, and this applicant takes will be fully responsible for keeping these payments current..

Purchasing condos, with FHA financing, does present additional challenges vs using Conventional financing (which typically don't allow non-occupying co-signors)...

Feel free to contact me to review the details involved....

Re a condo as your property type, are you also open to detached, single fam homes? Just curious..

Best, Jeff Marr
Alpine Mortgage
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February 19
Profile picture for GMerino
I would be happy to provide you with more information regarding this type of loan.  Go through my profile and reach out to me.

Geofrey
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February 15
Profile picture for 1stTimebuySpecialist
Your in CA, go to Wells Fargo
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February 15
 

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