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Updated over 4 years ago,

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Michelle Dalton
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My daughter wants a home and I want to help

Michelle Dalton
Posted

My daughter is fresh out of college. She has a great job. Steady income. Very financially responsible. She has been saving for years to have a down payment for a home. But her credit score is too low for approval for a mortgage. Mine is high and I know I could be approved. I own my car and my home and have no mortgage payment of my own. My question is could I get a mortgage in my name for her? She would make the payments and everything. I just didn’t know if this was even legal. I want to help her and she has the money for the down payment. Just wanted to know if this was something I could do?

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