Lender Requiring my dad be on title for mortgage

[Gurjot Grewal]

I graduated college a bit over a year ago. My credit score is 800+. But my credit lines aren't enough for this lender. So they are requiring I get my dad to co-sign and since its an investment he has to be on title as well. 

Im in Canada the property is in the US. The terms this lender is offering are substantially better than other lenders. I have to buy in my personal name as well with this lender. 

What kind of risk does this expose my dad to? 

My worry is if something happens is my dads primary residence at risk ? 

[Chris Seveney]

@Gurjot Grewal

Not familiar with Canadian laws but if similar to US

Yes if your father is on the loan his personal residence is at risk if you cannot make the payments. If this is an investment property I would not put your dads primary residence at risk

Here is how:

You default and property is sold for $100k less than owed. You are responsible for delta and any assets could be used to secure the judgment.

Check with an attorney on this