You will get flooded with great applicants shortly do I wouldn't reach for this situation.My heart says to help the lady out but my mind says to hold out for a better tenant.

If the source of funds used to acquire the property was an unsecured loan or a loan                  secured by an asset other than the subject property (such as a HELOC secured by another                  property), the HUD-1 for the refinance transaction must reflect that all cash-out                  proceeds be used to pay off or pay down, as applicable, the loan used to purchase                  the property.

.- Application directions require a clean dry roof.  

I am a licensed mortgage broker and have been in the lending business for over 10 years now, for the safety of the lending company quite a large number of informations are needed, (401k information) Send me a personal message, i will like to review the loan application and terms for you.

Jerry is correct and a spouse may not be on the note, but they will be signing the deed of trust as they have a marital interest even if they are not on title, prudent lending and your state laws will be applicable.

This graphic was made to explain the math if a applicant ever asked. 

They should be most proficient on the code applicable to your area and also be familiar with older codes.  

My 'niche' has turned out to be good applicants without credit scores.

Yes, there are only certain neighborhoods in Baltimore City where the CHAP Tax Credit is applicable.  

You'll find an assumed name application with the Secretary of State's office.