Can a non occupying co borrower gift 5% on a conventional?

Generally yes, in some cases the occupying borrwer may also have to contribute 5% of his own funds, but now always. We represent about 35-lenders and the requirments vary by lender and loan program. I would need to talk to you directly to figure out the best scenario. Chris Neuswanger 970-748-0342 or visit my site: www.mtnmortgageguy.com for more info on me and my company.

Yes

Again, yes the co-borrower may contribute depending on the lender. We have several -that will allow this. Have a look at our company at: www.coloradolenders.com or call me directly to discuss: 303-578-9202 - RobertHave a nice day,Robert

Yes, but with Fannie Mae the occupying borrower has to be able to qualify for the mortgage on their own. With Freddie Mac the occupying borrower does not have to qualify on their own, but has to have 5% of their own funds along with any gift from the non-occupant co-borrower. If you have any further questions or would like to run a payment scenario you can reach me at 303-521-7169 or syoung@firstcal.net / Best wishes, Sean