3/2 Question: Can a married couple get TWO $417K conforming loans to
purchase a new home together? Let's assume they maintain separate bank
accounts, can each put 10% (20% combined) toward the down payment, have
good salaries, live together, and file a joint tax return. Thanks.
\_ No.
\_ is this an impression based on experience, or something you know?
\_ Single unit? No. If it is a condo you might be able to do
something where you each buy a unit, but the conformingness is
per unit, not per owner. If you want to spend the 400-500 an hour
a good TiC lawyer costs (which is really what you have in mind)
just to have him tell you no, feel free. |