wl asked:
When my sister bought a house, she alone does not have enough credit to take out a loan, so I put myself down as a co-applicant. Now I’m planning to buy my own house, I was told I can get a mortgage, but I am not sure what implication does it have if I have two residential mortgages, if any?
Knowing this makes me feel must assured. Thanks!
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When my sister bought a house, she alone does not have enough credit to take out a loan, so I put myself down as a co-applicant. Now I’m planning to buy my own house, I was told I can get a mortgage, but I am not sure what implication does it have if I have two residential mortgages, if any?
Knowing this makes me feel must assured. Thanks!
Wedding Venues Adelaide







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If your sister is paying the mortgage that she has, then it has no effect on you at all tax-wise.
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none – you get to claim your primary residence… anything else is IMMATERIAL…
especially if you’re just a CO-SIGNER.