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hi I am jeff has I'm the owner Blue Stripe Mortgage ok I got a letter this week
in my mortgage mailbag which is a new segment that i'm gonna be doing
regularly now
and this is just talking about questions that come up from homeowners and
homebuyers
that I think a lot of people can benefit if they knew the answer these questions
so anyway a question can do this week a job I love the purchase of a new home
my incomes a little bit lower right now my mom or dad said they would love to
help me
with this process is there any way they could help me well
the answer potentially is yes and the reason why the answers potentially yes
is because that parent could possibly be
a non occupied call borrower what that means is that I'm gonna take your
information
to qualify you for the mortgage up for that new home
but if you don't quite have enough income to qualify I'm also gonna take
your mom your dad
or potentially mom and add bring them into the loan process
qualify them i gather all their *** and information their employment information
their credit report information put the two of you together or the three of you
together
and basically have you purchased thing that home together the only difference
is
you live in the home they don't hands
the non occupied co-borrower peace so if you found yourself or find yourself
potentially in this situation where you love to purchase a home right now
don't quite have the income you need to have a a few too many months liability
is
and just don't think you can afford it but mom and dad would love to jump on
board and help you get into this home
please give me a call will run through this in a row together and see if we can
get you pre-approved
as a family to purchase this song i'm jeff hess
I'm the owner a blue stripe mortgage