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Adding a cosigner can save you money. The cosigners good credit history might positively affect your interest rate and any fees you pay. Parents, grandparents, or legal guardians typically have more established credit histories that may assist decrease your rates of interest, fees, which generally results in lower month-to-month compensation amount. If you apply with a cosigner, both you and your cosigner can be equally liable for repaying you mortgage.

Kelly, your situation appears worse than mine was, and you are still in it! I really really feel for you. I’m sorry, I am now utterly out of the loop since promoting each my properties (at an enormous loss) so in no position to advise. Info on Todd Vanderlip is … Read more