But I think you would probably have to use conventional financing as opposed to VA. VA permits a legal spouse to act as a co-borrower without restrictions. However, if you are not his legal spouse then there are restrictions. Basically his income would need to be used to qualify for exactly half of the mortgage. This means that a lender could only use $1341.90 of your monthly income to qualify.
Also, your partner would have to get approval from the VA regional center in order to put you on the loan with him.
That's not to say it's not possible, but on a VA loan the most you'd qualify for would be about a $750/month payment including taxes and insurance.
A conventional loan will require a larger down payment (5-10% in Florida), but you would be able to qualify based on both incomes. You could likely be approved for double the mortgage payment.
At any rate, you should speak directly to a lender who can walk you through your options. Without ALL the details it's tough to give a complete answer.
Best of luck!
I live in Downtown area so I am very familar with it. Lots of great condos. Id be happy to give you a tour of them so you can see what each has to offer. Downtown has from super luxury amenities at still great prices to condos with great amenities. all depends on the lifestyle you wanna live. =)
Feel free to contact me with any questions
Lic Real Estate Broker
Blue to Green REalty....from the sea to the 18th tee!
561.452.7709 (call or text)
Keystone Realty Group
using your VA Benefit presents is that Co-Borrowers other than a legal
" Spouce" are not permitted. You will have to look at other options! Your
credit scores look promissing! Go for it!
Bob Brubaker Highlight Realty Palm Beach County Fl. 561-876-6649