So, if you don't mind, can you please provide some documentation or specific statute that indicates it is illegal for a listing agent to recommend (though not require use of) a single lender to a single buyer based on the specific qualifications of the lender.

It sounds like you may be able to up the down payment to 30% or so and make the qualification.

I'd still include it though as the worst they do is exclude it from their qualification. 2.)

(Make sure you include proof of funds and a mortgage loan pre-qualification if you will be seeking financing).

In any case, a pre qualification letter is useless for making offers.  

I would love to talk to you about lending and the qualifications you require. 

To confirm what Casey mentioned above, you can indeed rent out the old unit, turn it into an investment, and we count that rent in the new loan qualification to help alleviate the debt ratios. 

Hello all

I am 27 and started heavily investing in stocks when I was 23. I have been successful and currently have $600,000 in my brokerage. I have been considering taking on some real estate. But I have a few issues...

They will base the rates and qualifications on the occupant's credit I believe, so if she is a "ghost" (no credit history) then that might be the only road block you come across.  

my 2 centsMortgage Loan Qualification Guidelines are VERY different than 2007/08.