Can I do an FHA Loan if a partner is going to live there?

5 Replies

Generally there is no way to get an FHA loan with traditional "partners." The owner occupant needs to qualify and no percentage sharing of vesting. Need more information as to your plan.

A  co-borrower can make the owner occupant look better but the lowest middle mortgage FICO is used and everyone signs the note. Co-signors generally have no interest in the property unless you are related by blood- parent, marriage,or  legal court order- these are "exceptions" which an Underwriter approves. 

Where does everyone work, and current home status- own a home?

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