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Updated about 3 years ago,
No W2 Student Owner Occupant Loan with Parent Co-signer/Borrower
Hey everyone! My name is Mika Guillen and I'm a 2nd year college student. No W2 Income but have enough money for 3.75-5% down payment on an owner occupant multi-family property. Planning to partner with my parents as co-signer/co-borrower since they have great credit, income and debt to income ratio- pretty much all the credentials I need. I have heard it's possible but has anyone had any experience with a situation like this? Any lender suggestions or tips? Thank you in advance and for reference, I'm looking at Columbus OH market.