Contact Marko Gelo, he's a Mortgage Broker!
604-800-9593 cell/text Vancouver
403-606-3751 cell/text Calgary
Call Marko via WhatsApp
With qualifying still tough for many first-time buyers, co-signing — and its often-overlooked counterpart, guarantoring — has become one of the most common ways families help each other into the market. What surprises most people is that a co-signor is on the hook for 100% of the mortgage and it lands on their own credit report, while even guarantors aren't always as protected as they think. In my latest episode, I break down the real difference between the two roles, why a strong income doesn't always mean a stronger application, the industry-wide shift toward registering co-signors (and guarantors) on title, and the exit strategy that means you're not on the hook forever. If you've been asked to co-sign or guarantee a mortgage — or you're thinking of asking someone — listen to this first.
CLICK HERE to be redirected to Mortgagenomics Canada Podcast YouTube Channel
CLICK HERE to download Marko's award-winning Mobile Mortgage App!
","author_name":"Mortgagenomics Canada"}