The true answer here is MAYBE. More questions need answering before a definitive answer. FHA has 97% financing. Are you thinking you want to combine and get to 100%? NO NEED if so, VA has 100% financing with low fees. I'm retired Law Enforcement and can help with both GOVMT and conventional lending.
Hi there, yes you may amend an escrow document with new borrowers and remove old borrowers at will. The question will be whether you proceed conventional or FHA. FHA has a policy which allows them to look at BOTH borrowers when married, regardless of who is on the 1003 Application. Conventional loans do not mandate this.