Posted on: 16th Apr, 2009 07:59 pm
I have put my name on the title after my brother closed on a property. so i am on the title but have nothing to do with the loan. will my credit get affect in any way form or shape??
can they come after me if the property gets foreclosed??
Thank you
can they come after me if the property gets foreclosed??
Thank you
Hi, If you are not on the original loan/mortgage then it will not affect your score in anyway.
Hi evren,
As your are not on the mortgage docs, your credit will not get effected in any way. It is your brother's credit which will get effected if he is unable to pay off the debts.
As your are not on the mortgage docs, your credit will not get effected in any way. It is your brother's credit which will get effected if he is unable to pay off the debts.