Updated almost 9 years ago on . Most recent reply
Co signing a mortgage
So I'm currently fixing an issue I had with a condo I bought years ago and hopefully that goes well and I can use that as a rental, but now my mom is looking to buy a place of her own, (my dad passed away 1 1/2 years ago and for last 8 months she has been renting but is over it and unhappy with place) she is looking to buy a 2 bed townhouse and I'm wondering if I was to go into it with her if it would help me rebuild my credit as well as maybe help her get a loan, she is 65 and I'm not sure how banks will be with giving her a 30 year mortgage but if I was to consign if that may help her or not even with a low score. Her score is good by the way so she technically wouldn't need me to get the mortgage I'm concerned more about her age and if that will affect anything