Non Occupant Co-Signer

HI, As he has both good credit and good income based on how much much of a house your trying to buy. I dont really see a problem. Depending on the numbers on how you will qualify. If this was 3-4 years ago he should still be a first time home buyer.

Since he co-singed the loan will show up on his credit report.

When go to apply for a loan, you need to show proper documentation showing that the current loan is being paid by his x-Girl friend and he has good income to pay for the new loan.

Just more documentation.

yes, indeed, your husband is liable for the mortgage on which he is a cosigner. if your combined income is sufficient to carry the new mortgage as well as that loan he cosigned and any other indebtedness you have, then you'll be fine. if, however, that other mortgage gets in the way of your qualifying, it will be imperative that you obtain documentation from the "then girlfriend" to demonstrate that she pays it, and pays it on time. in that fashion, your lender may be able to set aside the debt and not consider it as a recurring obligation. in that way, you'll be better able to be approved for the loan you seek.

frankly, you ought to do that homework no matter what - have him speak with her and try to obtain the documentation i mentioned. better to be proactive than reactive in this case.