credit mix

Cosign a mortgage in Raleigh, and a single signature can move a debt-to-income ratio enough to clear an approval a buyer assumed was a year away. Kevin Martini break down what a non-occupant co-borrower actually changes on a Wake County loan file, and what it doesn’t fix. First-time buyers across the Triangle, from Cary to Wake Forest, often don’t realize they’re one specific ratio away from qualifying alone. The distinction between a cosigner and North Carolina’s Family Opportunity Mortgage trips up even experienced Raleigh real estate agents.