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Vanessa Willard
  • North Carolina
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You help me and I'll help me

Vanessa Willard
  • North Carolina
Posted

i want to get a friend to put a home loan in their name, I'll pay it off and have them sign it over to me. Is this legal? 

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Bryan O.
  • Specialist
  • Lakewood, CO
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Bryan O.
  • Specialist
  • Lakewood, CO
Replied

@Vanessa Willard what does your friend get out of the deal? The risk of you failing on their credit? A worsened debt to income ratio? Are you giving your friend anything beneficial? Without further information I would buy your friend an Uber away from that conversation with you.

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