Are you considering being a mortgage cosigner, or thinking of asking someone to be your cosigner? In this video Stephanie explains what you need to know before being a cosigner or getting a cosigner.
You'll discover what the cosign process is like, when it helps, if it's worth it, and what the implications are for you as the co-borrower.
She'll answer questions like:
✨Does the cosigner need to be on the title?
✨Does having a cosigner help if you have bad credit?
✨How does having a cosigner affect debt to income ratio?
Finally, you'll hear Stephanie describe some specific examples of cosigning a mortgage from her 17 years of experience as a loan officer.
Watch on YouTube: https://youtu.be/0R6FEQcNOy0
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Every year an average of 21 million people apply for mortgages in the US, and only around 7 million close. I'm on a mission is to change that by spreading mortgage education. Sign up for my newsletter to be a part of my Mortgage Peace Movement!