Maximum number of borrowers per loan
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Updated: 02/22/2018
Article #: 64
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I checked with Jessica in ITsupport to see if encompass would support this many borrowers & she said it would support 6 brrw pairs - basically only six 1003's so it sounds like even if all 5 brrws were single individuals you would be ok. If any are non-occupants they would need to meet the programs non-occupant co-brrw guidelines.
user reply:
We are not aware of any maximum implied by either agency; however, not sure how many encompass will allow. How many borrowers are you looking at?
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