Co-Signer

If you cannot qualify for a mortgage on your own, you may be asked to bring on a co-signer. A strong co-signer will add strength to the mortgage application increasing the likelihood of an approval. Your co-signer will go on the title of the property and be responsible for the mortgage payments if you do not pay. They will also have to disclose the mortgage payments on any applications for future borrowings.

Check out our BLOG article on this subject.