Account Closed I agree with what you’re saying, but I do think there’s a benefit to this specifically for people with complicated financial pictures trying to refinance or get new financing.If someone has a bunch of cash, but lacks in cash flow (at least by conforming loan standards), this would be a good way to create cash flow to qualify for a loan.

Plus, your family member will have to show somehow that they will be owner occupying since you are going after a conforming residential loan, not for investment. 

I have W2 income and am not asking for anything outside of conforming loan limits.

Originally posted by @Jason Wray:Kris,You are in a good position to benefit from taking out one or more conforming loans. 

That probably puts you into non-conforming loan territory for your end buyer.

Of the conforming loans, the conventional is probably the most versatile.