Financing in 11950>Question Details

Jnbmonkey, Home Buyer in Brooklyn, NY

HOW MANY PEOPLE CAN U HAVE ON A MORTGAGE?

Asked by Jnbmonkey, Brooklyn, NY Thu Mar 6, 2014

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Sorry that nimber is (646) 331-4438.
0 votes Thank Flag Link Fri Jun 19, 2015
This depends on how many bedrooms the house has and how many persons are going to be occupants. This includes children. Place factor plays an important role in this. You can have 4 borrowers. You can also have a non -occupying co-borrower but the house will have to be a single .
family.
If you have any questions call me at (646) 33104438.
Thanks.
David Narine.
0 votes Thank Flag Link Fri Jun 19, 2015
Call a local mortgage broker & give them your information. This will take the guess work out of it.
0 votes Thank Flag Link Sun Mar 16, 2014
For the most part you'll be limited to 4 separate borrowers who can apply for one mortgage. There is a lot that comes into play when there's multiple borrowers on one mortgage. Consider meeting with a Loan Officer and see what options you have and to evaluate the possibilities of you guys qualifying for a mortgage. I'm always available to meet face-to-face and help pre-approve you guys. I can tell you exactly what paperwork you guys need and make sure you're prepared. In that meeting we'll discuss your credit, pre-approval, rates and closing costs, loan options, and pretty much everything involved. Feel free to call or email me anytime. Good luck! IF MY RESPONSE WAS HELPFUL, CONSIDER CLICKING BEST ANSWER! • Javier Meneses Senior • Loan Officer • NMLS #23130 • STERLING NATIONAL BANK • 290 Broad Hollow Road, Suite 402E • Melville, NY 11747 • jmeneses@snb.com • (516) 606-9648 Cell • (631) 659-2011 Office • (516) 918-5383 Fax
0 votes Thank Flag Link Thu Mar 6, 2014
There is no limit with some programs, however on most loan programs (Fannie Mae, Freddie Mac, FHA, VA, & USDA) it's limited to 4.

Shane Milne | Lending in all 50 states | NMLS #81195
shane@thebesthomeloans | 949-273-4161 direct
0 votes Thank Flag Link Thu Mar 6, 2014
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