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Updated over 6 years ago on . Most recent reply

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Henry Uili
  • Federal Way, WA
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Newbie FHA/Partner question?

Henry Uili
  • Federal Way, WA
Posted

I have bad credit and I’m fixing it but it will take some time. I want to house hack and use an fha loan to start investing. My question is how do I partner a deal with someone that will not be living there, to use their good credit score for a better mortgage rate?  Is it even possible? Please help a newbie out. Thnx

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Aaron K.
  • Specialist
  • Riverside, CA
3,800
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Aaron K.
  • Specialist
  • Riverside, CA
Replied

My understanding is that you can't partner with someone for FHA it is intended for owner occupants not investors.

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