Balance and fall prevention for seniors. One of the leading health concerns for people over the age of 60 is falling, which is often related to balance problems. Each year, between 20 and 40 percent of adults over 65 who live at home fall.
Who is a co-applicant? A co-applicant refers to a person who applies along with the borrower for a loan. This is done so that the income of the co-applicant can be used to supplement the borrowerâs income and increase his/her eligibility.
Not only do they allow for co-signer(s), but they allow for non-occupying co-borrowers. FHA requires a co-borrower to be a near relative i.e. parents, aunt or uncles, cousins, etc.The good news is that FHA does not require co-borrowers to live with you where other types of loan require that borrowers and co-borrower co-habitat.In simple terms, we lenders calculate the combined income and the debts of all borrowers/co-borrowers to determined your qualification.he good news is that FHA does not require co-borrowers to live with you where other types of loan require that borrowers and co-borrower co-habitat. In simple terms, we lenders calculate the combined income and the debts of all borrowers/co-borrowers to determined your qualification.