getting a student loan and renting an apt soon. will it hurt my credit if i cosign a home loan for parents?

i have good gredit, i want to know if it will negatively affect my credit at adjectives to cosign, assuming they pay every month. will it look bad to hold extra debt?
Answers:
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CoXing is NEVER a good idea. If someone requests a COX there is a good principle. 9 out of 10 co-signers would tell you they ultimately got screwed!
If your folks didn't assistance to keep their credit clean, how do you ponder they will treat yours? Source(s): been there done that!
Lenders look at more than credit scores and frankly a student co-signer with a student debt nouns is not going to help your parents a lot but it could hurt you. It isn't going to look fitting to have extra debt and there are probably other implication.

I have a hard time imagine asking one of my kids to co-sign for me to get a loan. This is a bad view.
You should not co-sign for your parents home loan, it will affect you for the occupancy of the mortgage.

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