This post has been de-listed
It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.
Hey everyone,
My dad and I recently got a mortgage together, so the lender has already reviewed both of our debts and income sources. Now, I'm planning to get a new car, and I'm considering having my dad co-sign the auto loan to help me secure a better interest rate.
My concern is about how this will be viewed when we eventually refinance our mortgage. If my dad co-signs the car loan, will mortgage lenders see the auto loan as one combined debt or two separate debts? Also, could this co-signed auto loan negatively impact our ability to refinance the mortgage down the line?
I'm just trying to plan ahead and would appreciate any insights or advice from those who have been in a similar situation.
Thanks in advance!
Subreddit
Post Details
- Posted
- 1 month ago
- Reddit URL
- View post on reddit.com
- External URL
- reddit.com/r/Mortgages/c...