Mortgage loan refinance question?
My fiance bought a house and his mother cosigned for him. She now wants her name taken off the mortgage because she says she cant get an apt because the mortgage is in her name. I have no problem cosigning, I have decent credit but I am not working because I am pregnant. We pulled up old statements for the mortgage and found out that his mother had been paying the mortgage every month late. (He was giving her the cash and she was supposed to go and pay it). Will all these factors keep him from refinancing. They said when he applied alone that he did not qualify for the loan. Is it possible for me to cosign with no income or do I need to try and find something part time (my dad owns his own company) and use that as income.
there is a difference between baby daddy and fiance I appreciate none of those comments please this is about money not my personal life.