Sooo we've been waiting on finding out about our financing on the new house, we knew DH's credit was shaky so I have been stressed and worried. Found out today that he wasn't going to get it without either 20% down or a cosigner He made a call to his Mama and she agreed to cosign on our mortgage!! AS long as there are no issues we've got the house
I know she's great! She said everyone has been so excited for us to get this, she really wanted to see us get it so she's helping. First term of the mortgage is 3 years so she should be able to get off of it then. They didn't like DH's credit score but really didn't like his lack of established credit so he/we should be ok in a few years since he'll have this on there too. Plus my credit should start to rebound by then as well so we'll both be able to get on it.