The Fed’s rate cut decision means benefits for borrowers, especially those with adjustable-rate mortgages, and for homebuyers who are looking to get into the market with their now-increased buying power. …
Tag: Borrower
Non-Occupying Co-Borrowers
Occasionally, home buyers find it necessary to have the further guarantee of a non-occupying co-borrower. Normally this occurs when the primary borrower(s) lack the financial strength to qualify for the …