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Updated 8 months ago on . Most recent reply
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Co-Borrowing w Mixed Occupancy
I am looking to purchase a home with my sister in CA. We will both be on title and are planning to split costs and ownership evenly. \
I intend to owner occupy the property while she will use it more as a second home.
Curious how lenders will evaluate us for a joint mortgage if the home will likely be used as both a primary and secondary residence.
Will this impact our ability to get competitive financing (we are both well qualified as individuals and even more so together)?