I recently co-signed a mortgage to buy a house with a friend of mine. I'm wondering exactly how the mortgage will be applied to my credit score. If I'm sending money to my friend and he is making all the payments will I not be getting the full benefits to my credit score? Also would that mean that I would not own any equity since none of the payments came from my bank account?
Read more: Do credit rating companies check who is making payments on mortgages when determining credit score? - 1
