Tuesday, May 6, 2014

Can I get a Line of Credit or equity loan as the cosigner of a mortgage?


My dad is the primary on the mortgage loan and I am the cosigner. I have been and will always make the mortgage payments on the home (he has his own home as well). My question is that if I apply for a HELOC will he need to cosign on that loan as well since I would be borrowing against the home in both our names?

Thanks

Read more: Can I get a Line of Credit or equity loan as the cosigner of a mortgage?