Posted on: 10th Jun, 2010 01:34 pm
I own a house with my mother and Im on the deed only till present but not
on the loan.Now Im going to buy my own house with my own loan.will I consider as first time home buyer for the loan.
on the loan.Now Im going to buy my own house with my own loan.will I consider as first time home buyer for the loan.
Hi amro!
Welcome to forums!
As your name is already mentioned on a property along with your mother, you won't be considered as a first time buyer. The new home that you're planning to buy will be considered as your second property.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
As your name is already mentioned on a property along with your mother, you won't be considered as a first time buyer. The new home that you're planning to buy will be considered as your second property.
Feel free to ask if you've further queries.
Sussane