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Updated almost 8 years ago,
How to get a loan with a consigner
Hi all;
Looking to get approved for a loan with my father as a consigner. With as many tax deductions as I take advantage of as a young self-employee, my dti ratio looks horrible after taxes. Fortunately I have my dad who has agreed to consign with me. All that aside, I realized I don't know how to get approved for a loan with a consigner. Can anyone point me in the direction of resources on this? I've found some articles here and there, but nothing covering logistics for the entire process. Any pointers at all are more than appreciated! Has anyone been successful with this before? Excited to have the opportunity to start house hacking a multi family!
Dan