Mortgage Question for recent college gradHello,I recently graduated college and am thinking about buying a townhouse. I was hoping that someone on here could help answer a few questions that I have! With all of my student loan debt, it is very unlikely that I will qualify for the loan on my own. However, my grandparents are willing to purchase the property with me. Could they purchase the house with my name on it and only put 10% down? If that's the case, I'm aware about mortgage insurance, but it's my understanding that if they buy the house and don't live there, it's considered an investment property and you must put at least 20% down. Is there anyway we could just use all of our combined information and have me live there with only 10% down? Any help or advice would be appreciated!Thanks, AlexJune 19 2012 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.