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Should you get your girlfriend to cosign with you on your mortgage?
Wiki User
∙ 13y ago
Not unless she is also added to the deed and becomes an equal owner. You should also make certain you are in a mature, stable, long-term relationship.
Wiki User
∙ 13y ago
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Can someone on disability cosign a mortgage loan?
You need to ask a mortgage agent.
Can I Cosign for a mortgage loan?
Yes. However, you should be fully aware that if the primary borrower does not pay you will be responsible for paying the mortgage. You have no other rights in the property.
If 2 people cosign as borrowers for a mortgage how can you get one person off the mortgage if they aren't making any payments?
The only way to remove a borrower from a mortgage is to refinance the mortgage.
Can someone cosign a mortgage if they already have a mortgage of their own?
Yes. My boss owned a home and co-signed for me. It all depends on your credit. Yes
Can your husband cosign on someone's home without your knowledge?
Yes. And if he does he will become equally responsible for paying the mortgage if the primary mortgagor defaults on their mortgage payments. The bank will go after him for 100% of the debt.
Would cosigning a car loan hurt you for a mortgage?
It may. When you cosign a loan it becomes your own debt. By cosigning you agree to be responsible for paying the loan balance if the primary borrower stops making payments. That's why the bank requires a cosigner. If you apply for a mortgage the lender will figure that debt into the calculations as to your ability to repay the mortgage you apply for.It may. When you cosign a loan it becomes your own debt. By cosigning you agree to be responsible for paying the loan balance if the primary borrower stops making payments. That's why the bank requires a cosigner. If you apply for a mortgage the lender will figure that debt into the calculations as to your ability to repay the mortgage you apply for.It may. When you cosign a loan it becomes your own debt. By cosigning you agree to be responsible for paying the loan balance if the primary borrower stops making payments. That's why the bank requires a cosigner. If you apply for a mortgage the lender will figure that debt into the calculations as to your ability to repay the mortgage you apply for.It may. When you cosign a loan it becomes your own debt. By cosigning you agree to be responsible for paying the loan balance if the primary borrower stops making payments. That's why the bank requires a cosigner. If you apply for a mortgage the lender will figure that debt into the calculations as to your ability to repay the mortgage you apply for.
Can a daughter and son in law cosign a mortgage?
As long as they are old enough to enter a contract. If they are married, they will share the responsibility. Otherwise, there will be three co-signers.
What if the cosigner has two car loans and a mortgage can they still cosign?
They could still cosign. It would mainly land on the bank to see if they would approve this person as a cosigner. More then likely they would if they have a mortgage as well as 2 other car loans that are up to date. This person probably has very good credit and all they'd need is a good amount of funds coming in to get approved.
Is girlfriend responsible for mortgage if not on deed or loan?
No, of course not.
What is the cosign of pi?
The cosign of pi is -1
How many time can you cosign a car?
how many times can someone cosign a car
What can ido about cosign for a car i dont have?
bought car with girlfriend they titled car in her name i didnt know this she found out car titled in her name only she took car
