Maximum number of borrowers per loan

Updated: 02/22/2018
Article #: 64


 

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:
Possibly 5?

 

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?

 

Original question:
Is there a cap on the maximum number of borrowers allowed  







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