Posted on: 21st Aug, 2011 03:14 pm
I was a co-signer for a friend when he refinanced his house in 2006. His house was foreclosed on July 2008. Do I qualify for a home loan, if I work 30 hours a week, making $17/hour and have my brother as a co-signer, who has very good credit and makes $100k/year.
Yes, you can qualify for a loan that way. However, make sure that you get the best deals of getting lower interest rates and fees by consulting for a mortgage broker to assist you in your loan application.
