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Family-Assist Financing

When family co-signs, but doesn't move in.

A parent, sibling, or family member can help you qualify for a mortgage without living in the home — FHA allows it, with specific LTV limits depending on the relationship.

The short version

What you need to know

96.5%

Max LTV — family

A family (or family-like) non-occupying co-borrower keeps you at FHA's standard 3.5% down payment.

75%

Max LTV — non-family

A non-family co-borrower caps financing at 75% LTV — a 25% down payment.

Blended

DTI treatment

Income and liabilities of both borrowers are combined into one qualifying DTI.

3 mo

Reserves (manual UW)

Manually underwritten files with a non-occupying co-borrower need 3 months PITI in reserves.

Who this applies to

Is this you?

New buyers short on income

A parent or family member co-signs so your income and credit combine to qualify.

Family helping family

You're occupying the home; a relative is on the loan but living elsewhere.

First home after college

Common structure for a young buyer with a shorter income history.

The fine print — plain English

FHA guidelines, from top to bottom

These are the FHA (HUD 4000.1) rules I underwrite to. Conventional, VA, USDA, and Non-QM treat some of these situations differently — see below.

Non-Occupying Co-Borrowers · FHA Guidelines

ScenarioRequirement
Family non-occupying co-borrowerMax financing at 96.5% LTV (3.5% down) — same as a standard FHA loan
Non-family non-occupying co-borrowerMax LTV capped at 75% (25% down payment required)
DTI treatmentIncome and liabilities of both the occupying borrower and co-borrower are fully blended
Reserves — manual underwrite3 months of PITI reserves required post-closing
Source: HUD 4000.1. "Family-like relationship" can include long-term domestic partners in some cases — ask me to confirm your specific relationship.
If FHA's rules don't fit

The Non-QM alternative

Non-QM investors aren't standardized by Fannie, Freddie, or FHA, so guidelines vary — here's the general shape I see most often.

Non-Occupying Co-Borrowers · Non-QM Guidelines

ScenarioTypical Non-QM rule
Default policyMany Non-QM investors do not allow non-occupying co-borrowers to help qualify on primary residences
If allowedCredit scores are blended, and the occupying borrower must generally meet a minimum DTI threshold on their own before the co-borrower's income is added
General guidelines across Non-QM investors — always confirmed against the specific investor's matrix before locking.
For veterans

The VA alternative

VA strictly prohibits non-occupying co-borrowers — a spouse can satisfy occupancy if the veteran is deployed.

Non-Occupying Co-Borrowers · VA Guidelines

ScenarioVA rule
Standard non-occupying co-borrowerNot allowed — all borrowers must intend to occupy within ~60 days of closing
Deployed veteranSpouse can satisfy the occupancy requirement in the veteran's place
Veteran + non-veteran, non-spouse co-borrowerTriggers a VA Joint Loan: manual underwrite, 12.5% down payment, and VA regional office approval
Source: VA Lender's Handbook.
For everyday buyers

The Conventional path

Conventional is the most permissive here — a family co-signer with as little as 5% down.

Non-Occupying Co-Borrowers · Conventional Guidelines

RequirementConventional rule
AllowedYes — a family member (e.g. a parent) can co-sign without occupying the home
DTI treatmentIncome and debts blended between both borrowers
Down paymentAs little as 5% down, even with a non-occupying co-borrower on the loan
Source: Fannie Mae / Freddie Mac Selling Guide.
For rural buyers

The USDA angle

USDA is as strict as VA here — no exceptions for non-occupying co-borrowers.

Non-Occupying Co-Borrowers · USDA Guidelines

ScenarioUSDA rule
Non-occupying co-borrowersStrictly prohibited — every borrower on the loan must occupy the home as their primary residence within 60 days of closing
Source: USDA HB-1-3555.
For NY first-time buyers

The SONYMA angle

SONYMA is absolute here — no exceptions of any kind.

Non-Occupying Co-Borrowers · SONYMA Guidelines

ScenarioSONYMA rule
Non-occupying co-borrowersStrictly prohibited under all circumstances — every signer on the note must occupy the home within 60 days of closing
Source: SONYMA Seller's Guide.
For higher-balance buyers

The Jumbo angle

Standard Jumbo is a hard no here — this scenario routes straight to a Non-QM portfolio product.

Non-Occupying Co-Borrowers · Jumbo Guidelines

ScenarioJumbo rule
Standard JumboGenerally ineligible — most investors require every borrower to occupy the property as their primary residence
WorkaroundRoute to a Non-QM portfolio product instead of a standard prime Jumbo
Source: Jumbo investor guidelines vary — always check the specific Jumbo matrix before locking.
For land buyers

The Land Loan angle

Land loans are structured around individual purchases — no co-borrower workaround exists.

Non-Occupying Co-Borrowers · Land Loan Guidelines

ScenarioLand Loan rule
Non-occupying co-borrowersStrictly ineligible — the program is structured around individual, non-speculative land purchases
Source: NAF Vacant Land Loan Guidelines.
Good to know

Questions, answered

Can a family member co-sign without living in the house?+
Yes — FHA allows a non-occupying co-borrower, and if they're a family member (or have a family-like relationship), you keep the standard 3.5% down payment.
What if my co-borrower isn't related to me?+
FHA caps financing at 75% LTV (25% down) when the non-occupying co-borrower isn't a family member.
Does the co-borrower's debt count against me?+
Yes — income and liabilities from both of you are blended into one DTI calculation for the loan.
Areas served

Where I close these loans.

Licensed across New York State — with deep roots in the Capital Region and select NYC neighborhoods.

Don't see your town? Reach out — I lend statewide. Or see every Capital Region town.