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> Any better for credit report to be co-signer?
PollyPocket
post Jun 25 2009, 01:19 PM
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From: Welcome to Paradise
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I'd like to qualify for a mortgage in a couple of months, and have two children in college. The Federal PLUS loan (that would be in my name) has better rates and terms, but I wonder if we should instead apply for a private loan in my child's name where I would have to be the co-signer. When applying for a mortgage, would my being a co-signer on a loan have a similar effect to having the loan in my name? Thanks for any help.
 
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Googie
post Jun 25 2009, 01:19 PM
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The MoneyMaker

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From: Mountain Home, CA Member No.: 1





 
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Lo-Fi Version Time is now: 21st November 2009 - 01:00 AM