Go Back To Search Results Question can someone who be on two home loans at once? Was just wondering if a person is already on a loan for a home as a cosigner can they be used as a cosigner for another. I already asked my realtor and he doesn't know. By baby girl Posted on 09/15/06 Total Answers 5 Answers- Yes if your debt to income ratio isn't that high. Answer by : just browsin On Date 2006-09-15 11:22:03 Yes. So long as your financial situation allows for it. Also, the guarenty may be a non-recourse loan. Answer by : boston857 On Date 2006-09-15 11:27:54 Yes, and they can do stated income, nodoc, stated income stated assets you name it there are a ton of programs like this. Matt http://www.diversifiedlender.com/ Answer by : Matt J On Date 2006-09-15 11:39:17 Certainly, although you might need to structure the loan slightly differently, like as an investment property or second home. It's not unusual for people especially with poor credit profiles to add a parent to the loan. What I would suggest though, more so, is that you should look to try and have the cosigner on the loan by themselves. This is a little easier and might result in a better rate and payment. Answer by : starke222 On Date 2006-09-15 12:30:43 yes, lender would be happy to give you more money with a higher interets rate. Housing market continues to slump though. Wait a little bit. :) Answer by : Price is what you pay for value. On Date 2006-09-15 13:19:36   Go Back To Search Results