There might be a lender or broker that might figure out how to do it, but I am not sure if you do, that it will be above board.....
if your name is the loan and not on the title you are not the owner of any home. However your credit will be affected. Your first time home buyer status should not change. To confirm all of that I like to refer you to my lender who also give financial advise. Please call Dave Gaylord at (949)939-6011.
Prudential California Realty