Posted on: 04th Aug, 2010 07:12 pm
Need help. Trying to cosign to help sister get loan. First time homebuyer. Good job stability for both of us. I gross more income so primary (Over 700 credit for me, over 100k assets, DTI between 45-50% because of primary house). Trying to do FHA. Wiliing to put down 10-20%. Let me know if you can help. Thx.
[size=9:5725200b45][color=Red:5725200b45][Contact details deleted as per forum rules. Thanks.][/color:5725200b45][/size:5725200b45]
[size=9:5725200b45][color=Red:5725200b45][Contact details deleted as per forum rules. Thanks.][/color:5725200b45][/size:5725200b45]
Hi scott!
Welcome to forums!
This is not a mortgage company. This is a community where people discuss their mortgage related queries and the experts/other posters participating here give their suggestions to them. You can contact local FHA approved lenders in order to get a loan. The lender will look into your financial situation and then let you know whether or not you would be able to qualify for a loan.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
This is not a mortgage company. This is a community where people discuss their mortgage related queries and the experts/other posters participating here give their suggestions to them. You can contact local FHA approved lenders in order to get a loan. The lender will look into your financial situation and then let you know whether or not you would be able to qualify for a loan.
Feel free to ask if you've further queries.
Sussane
As long as you don't exceed 50%, you should be ok. How much does your sister make? Does she have the ability to make payments on her own.
