I am a co-signer and now want to buy my first home. i have some general questions.

There are several programs that are available for down payment assistance as well as low down payment options. Please feel free to call for any mortgage advice or to discuss your specific further-Kyle Stancato 253-460-6000

If your brother and sister in law have made all the payments for their home and if you can provide either 12 months for their cancelled checks or their bank statements to validate this fact - we should be able to exclude this mortgage debt from your qualification ratios ./..otherwise - you may have an issue with their mortgage complicating your qualification ratios ......regarding special first time home buyers programs : 1) there really aren't many of these programs that exist anymore and 2) you likely will not qualify for these programs since you are on the loan and I assume the title of the property ....fyi - there are some great loan programs allowing as little as 3% down payment requirement ...feel free to call or email if you want more info ..thanks Dave Skow | Loan OfficerNMLS 278613(206) 714-9745Dave.skow@movement.com

Since you already have a mortgage in your name, you would be disqualified for any first time buyers programs.. However, much more info would be needed to say whether or not specifically, you can be approved.. But in general.. so long as you meet all eligibility requirements and have sufficient income to service your debt including the new housing payment, then yes... you can buy. Understand that you wont qualify for the lower down payment since you already have a mortgage in your name.. FHA requires 3.5% down.. and conventional (non-first time home buyers) will need 5% down. If the debt to income ratio is tight, then if you can prove your brother has made the last 12 payments on his own and on time, then that debt can be removed from your ratios for some programs. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

how is the pre approval process going ?