KIDDIECONDOLOANS.COM LENDER HOTLINE: 888-581-5008 GENERAL GUIDELINES FHA credit underwriting standards MUST be met by every person who signs the loan. Every person on the loan is responsible for full repayment. Credit score guidelines will be set by the lender and must be met by each person to be included on the loan. Those applying are limited to only one 30-day delinquent payments to outside creditors. Those applying must also have no accounts in collections, not including medical bills within the past year. Borrowers and co-borrowers must be related by blood, marriage, or law or the LTV will be less for a property with 2-4 units. Whoever has the lowest credit score between the borrowers is the one used for the loan application. Co-signer’s income must be enough to cover their own financial responsibility as well as the new mortgage. KIDDIE CONDO LOAN BENEFITS Another great benefit to the kiddie condo loan, it that it allows the borrower to have roommates and an even better benefit is you can charge that roommate rent! This is another great way to alleviate some of the financial struggles a college student might face. Alongside college students having to manage their independence, they also get the chance to act as a landlord which can be a great learning experience for them.

1. Kiddie Condo LoanGUIDELINES AND REQUIREMENTS
KIDDIECONDOLOANS.COM
LENDER HOTLINE: 888-581-5008

2. FHA credit underwriting
standards MUST be met by
every person who signs the
loan.
01
Every person on the loan
is responsible for full
repayment.
02
Credit score guidelines will be set by the
lender and must be met by each person to
be included on the loan.
03
GENERAL
G U I D E L I N E S
KIDDIECONDOLOANS.COM
LENDER HOTLINE: 888-581-5008

3. Those applying must also
have no accounts in
collections, not including
medical bills within the
past year.
04
Borrowers and co-
borrowers must be related
by blood, marriage, or law
or the LTV will be less for a
property with 2-4 units.
05
Co-signer’s income must be enough to
cover their own financial responsibility as
well as the new mortgage.
06
GENERAL
G U I D E L I N E S
KIDDIECONDOLOANS.COM
LENDER HOTLINE: 888-581-5008

4. KIDDIE CONDO LOAN BENEFITS
Another great benefit to the kiddie condo
loan, it that it allows the borrower to have
roommates and an even better benefit is you
can charge that roommate rent! This is
another great way to alleviate some of the
financial struggles a college student might
face. Alongside college students having to
manage their independence, they also get
the chance to act as a landlord which can be
a great learning experience for them.
KIDDIECONDOLOANS.COM
LENDER HOTLINE: 888-581-5008

5. K I D D I E C O N D O L O A N S . C O M
L 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
K C
KIDDIECONDOLOANS.COM
LENDER HOTLINE: 888-581-5008

6. Justin McHood is Americas Mortgage
Commentator and has been providing
Mortgage commentary for over 10 years.
MORTGAGE COMMENTATOR
INFORMATION PROVIDED BY:
Justin McHood
KIDDIECONDOLOANS.COM
LENDER HOTLINE: 888-581-5008

7. L E A R N M O R E A B O U T
M O R T G A G E C O M M E N T A T O R :
O N L I N E
F A C E B O O K
L E N D E R
H O T L I N E
T W I T T E R
MORTGAGECOMMENTATOR.COM
FACEBOOK.COM/MORTGAGECOMMENTATOR
@MORTGAGECOM_
888-581-5008
KIDDIECONDOLOANS.COM
LENDER HOTLINE: 888-581-5008