Home Equity and Refinancing
Improving Your Credit Rating
Credit

Is it easier for a person with poor credit to refinance their house with the help of a cosigner who has excellent credit?

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Wiki User
2005-12-10 23:53:44
2005-12-10 23:53:44

It can be easier if you use their credit by putting them on title on the home and use there credit, however they will be responsible for the loan and be on title as at least a part owner. If you use another persons credit to do a refinance, the other person must in most title states be put on title and will be responible for the loan even if you both sign which you would have to do.

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