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Kiddie Condo LoanGUIDELINES AND REQUIREMENTS
KIDDIECONDOLOANS.COM LENDER HOTLINE: 888-581-5008
FHA credit underwritingstandards MUST be met byevery person who signs the
loan.
01
Every person on the loanis responsible for full
repayment.
02
Credit score guidelines will be set by thelender and must be met by each person to
be included on the loan.
03
GENERALG U I D E L I N E S
KIDDIECONDOLOANS.COM LENDER HOTLINE: 888-581-5008
Those applying must alsohave no accounts in
collections, not includingmedical bills within the
past year.
04Borrowers and co-
borrowers must be relatedby blood, marriage, or lawor the LTV will be less for a
property with 2-4 units.
05
Co-signer’s income must be enough tocover their own financial responsibility as
well as the new mortgage.
06
GENERALG U I D E L I N E S
KIDDIECONDOLOANS.COM LENDER HOTLINE: 888-581-5008
KIDDIE CONDO LOAN BENEFITS
Another great benefit to the kiddie condoloan, it that it allows the borrower to haveroommates and an even better benefit is youcan charge that roommate rent! This isanother great way to alleviate some of thefinancial struggles a college student mightface. Alongside college students having tomanage their independence, they also getthe chance to act as a landlord which can bea great learning experience for them.
KIDDIECONDOLOANS.COM LENDER HOTLINE: 888-581-5008
K I D D I E C O N D O L O A N S . C O ML E N D E R H O T L I N E : 8 8 8 - 5 8 1 - 5 0 0 8
C L I C K H E R E
T O L E A R N M O R E
KC
KIDDIECONDOLOANS.COM LENDER HOTLINE: 888-581-5008
Justin McHood is Americas MortgageCommentator and has been providing
Mortgage commentary for over 10 years.
MORTGAGE COMMENTATOR
INFORMATION PROVIDED BY:Justin McHood
KIDDIECONDOLOANS.COM LENDER HOTLINE: 888-581-5008
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888-581-5008
KIDDIECONDOLOANS.COM LENDER HOTLINE: 888-581-5008