I swear that this topic has been covered but I can't seem to find anything. I have a couple that wants to build a new house. the father agreed to pay $14,000 four times per year to pay for the house. How would I document this for ability to repay. I assume I would need a contract written to document?

I suggested just adding the father to the loan but apparently that is a non-starter.

Can't be done - I would pass. The kids can't afford the house. The father could walk regardless of any written agreement without being directly or indirectly liable on the debt and you would have to foreclose.

I agree with Randy- qualify them without that money. If dad wants to give them $14,000 a year, they can apply it to principal. Leave it out of the transaction.

as always, your input is greatly appreciated. now to convince others ....