InvestorQ : Can I apply for a joint loan with my friend?
Deepali Khupte made post

Can I apply for a joint loan with my friend?

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Manisha Mehta answered.
3 years ago
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No, you cannot.

A lender will only allow you to apply for a joint home loan if your application is co-signed by one or more members of your immediate family.

Only immediate family members such as your parents, spouse and children are allowed to be joint borrowers in case of a home loan.

Thus, your friend, as close as he/she may be does not qualify to be your co-applicant.

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