Updated almost 12 years ago on . Most recent reply
Conventional Loan as Partners
How would a lender want to see things done if Partner A were looking to assume a convention mortgage for a rental property, using Partner B's money for down payment and closing costs? I've read here that some folks have done this, but from what I understand, I thought a lender would want to see that all of the the funds were actually coming from the loan applicant themselves? Is there a way to do this without Partner B needing to be on the loan?