Another way is to have the title company research it for you and do a cover letter.
NMLS # 6395
Financing Kentucky One Home at a Time
you can both be on title, and that being said, both will be on the mortgage. HOWEVER the mortgage is the pledge of that property as security for the NOTE. You can ( if you chose ) be the only one on the note. I would suggest doing it this way. If the property you are buying is really a primary residence we can make that stick with a lender. If not we can switch the title, mortgage and note in your name alone. As a loan officer I try to go for the point of least resistance whilst maintaining my clients best interests in mind.
If he has several rental properties that does not exclude him form buying a primary residence.
Freddie Mac allows four financed properties and FannieMae allows up to ten. But banks have overlays on this rule but most lenders are OK if it is a primary residence.
FYI if you file joint tax returns, the lender will see that you file a schedule E for investment properties and will want to know all of that information anyway.That being said you are going to have to show that it will be your primary anyway.
Cornerstone Lending Inc
Southampton Pa 18966
215 953 0800
cell 267 992 7276
VOTED BEST IN BUCKS 2010
NMLS ID 143960