05/11/2026
Did you know nearly 1 in 3 home purchases today involve co buyers? 🏡
With affordability still challenging in many markets, more buyers are getting creative when it comes to purchasing a home, and co buying is becoming a much more common solution 🤝
What many people do not realize is that co-buyers do not always have to live in the property together. In some cases, a family member or trusted individual can act as a non-occupying co-borrower to help strengthen the mortgage application.
This can be especially helpful for buyers who can comfortably support the payment themselves, but may have difficulty fully documenting income on paper for mortgage qualification purposes 📄
Examples could include self-employed borrowers, commission based income, recent job changes, or individuals with significant assets but lower reportable taxable income.
Depending on the scenario, adding a co borrower can help with:
• Increasing qualifying income 💰
• Improving debt to income ratios 📊
• Strengthening overall loan approval ✅
• Potentially allowing for a higher purchase price or more favorable financing options 🔑
Every situation is different, and structuring these correctly matters, but for many buyers this can open doors that may have otherwise felt out of reach 🚪
If you have questions or want to explore co buying further, my in-house lending partners at OriginPoint are standing by to help walk through options and game plan your best path forward.
