Household contributors/roommates

Home Forums Purchase Program Household contributors/roommates

Viewing 1 post (of 1 total)
  • Author
  • #48682

    What type of financial information is required of over 21 household members? Bank account/taxes/paystubs? I know their credit is pulled, anything else?

    Will their contribution literally factored into the comprehensive budget or will their financials simply be given the once-over as a window into how borrowers finances may be effected? Hope, I am articulating in a manner that makes sense.

    Lastly, we started renting out a spare room, what information will be needed from the roommate? Rent agreement, anything else? (They will not be moving into our new home)

Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.