Zillow Advice: FHA and VA Loans - FHA Co-borrower questions http://www.zillow.com/advice-thread/FHA-Co-borrower-questions/308712/ Zillow Advice | Zillow Real Estate Mike...This thread is a year ... http://www.zillow.com/advice-thread/FHA-Co-borrower-questions/308712/ Mike...This thread is a year old...the borrower only needs to wait another 2 months and they can get an FHA loan without a co-borrower... Tue, 23 Nov 2010 16:03:00 GMT http://www.zillow.com/advice-thread/FHA-Co-borrower-questions/308712/ 2010-11-23T16:03:00Z If the coborrower has enough ... http://www.zillow.com/advice-thread/FHA-Co-borrower-questions/308712/ If the coborrower has enough income and credit to qualify, your loan should not be a problem. Your income cannot be considered since you are not on the loan. In community property states, the co borrower would have to have enough income to qualify to cover your debt load. Tue, 23 Nov 2010 15:58:00 GMT http://www.zillow.com/advice-thread/FHA-Co-borrower-questions/308712/ 2010-11-23T15:58:00Z It wouldn't.&nbsp; I was ... http://www.zillow.com/advice-thread/FHA-Co-borrower-questions/308712/ It wouldn't.&nbsp; I was addressing the comment on requiring 20% as an investment property if the co-borrower didn't live in the property.&nbsp; I already stated they could not get a <a href="http://www.zillow.com/fha-loan/">FHA</a> loan. Thu, 24 Dec 2009 00:35:00 GMT http://www.zillow.com/advice-thread/FHA-Co-borrower-questions/308712/ 2009-12-24T00:35:00Z Bob,The borrower cannot get ... http://www.zillow.com/advice-thread/FHA-Co-borrower-questions/308712/ Bob,<br/><br/>The <a href="http://www.zillow.com/mortgage-glossary/Borrower/">borrower</a> cannot get a <a href="http://www.zillow.com/mortgage/">loan</a> through FHA...Why would it matter if the co-borrower was his spouse or not? Thu, 24 Dec 2009 00:15:00 GMT http://www.zillow.com/advice-thread/FHA-Co-borrower-questions/308712/ 2009-12-24T00:15:00Z You can still do a non-occupant ... http://www.zillow.com/advice-thread/FHA-Co-borrower-questions/308712/ You can still do a non-occupant co-borrower with 3.5% down on a <a href="http://www.zillow.com/fha-loan/">FHA</a> loan.&nbsp; It doesn't need to be treated as an investment property.<br/><br/>Conventional guidelines now require 20% down with a non-occupant co-borrower.&nbsp; I believe this is a PMI guideline and not a credit overlay by lenders. Wed, 23 Dec 2009 23:49:00 GMT http://www.zillow.com/advice-thread/FHA-Co-borrower-questions/308712/ 2009-12-23T23:49:00Z Chris,Why would they do ... http://www.zillow.com/advice-thread/FHA-Co-borrower-questions/308712/ Chris,<br/><br/>Why would they do that? Wed, 23 Dec 2009 21:55:00 GMT http://www.zillow.com/advice-thread/FHA-Co-borrower-questions/308712/ 2009-12-23T21:55:00Z Bob is correct, however, ... http://www.zillow.com/advice-thread/FHA-Co-borrower-questions/308712/ Bob is correct, however, if it is your spouse, the <a href="http://www.zillow.com/directory/lenders/">lender</a> will use their credit and income to qualify.&nbsp; But, for instance, is another family member that will not be occupying the property, then that becomes a totally different scenario in which it becomes an investment with 20% down. Wed, 23 Dec 2009 21:20:00 GMT http://www.zillow.com/advice-thread/FHA-Co-borrower-questions/308712/ 2009-12-23T21:20:00Z You would not qualify for ... http://www.zillow.com/advice-thread/FHA-Co-borrower-questions/308712/ You would not qualify for a <a href="http://www.zillow.com/fha-loan/">FHA</a> loan.&nbsp; Co-signors are used to help with debt ratios and those with limited credit.&nbsp; Co-signors can not be used to offset credit issues.<br/> Wed, 23 Dec 2009 20:14:00 GMT http://www.zillow.com/advice-thread/FHA-Co-borrower-questions/308712/ 2009-12-23T20:14:00Z