Once the a good co-signer, you invest in end up being held financially responsible in the event the first debtor dont pay the mortgage. In many cases, you would not enjoy any of the benefits of owning and you will occupying the home; youre just to be certain the lender whenever something goes, you are going to step-in and keep the loan out-of standard.
For many who refuse or do not, might face a comparable outcomes since the primary borrower if the our home gets into foreclosure