If you do this, you will ABSOLUTELY have difficulty buying a house in the future. To make things worse, she could potentially ruin his credit score. The fact that she has a bad credit rating is proof of that. Lenders don't trust her to make payments on time and neither should you or your boyfriend. Tell her you are sorry. She can rent.

NO!!!!!!!!!!!!!!!!!!!

There is a reason that she can't get a loan. She is a POOR risk. If the bank doesn't want to take the risk, why would you. It really is that simple.

Life is pretty simple: Don't make stupid mistakes. (this is stupid)

No. he can cosign for his mother to purchase a home, but also has to 1st meet the qualifications to get a mortgage loan to even help his mother out. I think u should stay out of his family business when it comes to certain things!

As far as u two it depends on how much his debt to ratio if he's able to purchase home for his mother than want to purchase a 2nd home for himself.

Yes, it will hurt your/his chances later if he needs a loan to buy a car or house as it will show he has a large outstanding balance with monthly payment obligations. If his mother has poor credit now, it probably won't get better and she could be late on the mortgage payments and he would be forced to pay. Don't let Mom ruin your credit too. Mom can continue to rent as it is cheaper. Good Luck

He will NOT be living in it so in essence it is a rental property and the interest rates will be higher etc. Way to many issues to even get into here with you so see a real estate Attorney or he could be committing FRAUD!

He would be a fool and if he does this then you walk out the door!

don't do it.

Boyfriend needs to stay away.

This debt will count against him if he ever wants a home of his own. Unlikely he will qualify for two mortgages someday.

And a mortgage can be a full 30 years.

Is he nuts? Really considering this?

If she misses one payment, it hurts his credit just the same.

If she loses a job, they will sue him just the same a the mom.

* Keep an eye on that "user" mom.

My boyfriend's mother is thinking about moving to another city and purchasing a home there. Problem is she has terrible credit and is asking my bf to use his credit, name, employment, and so on for this house. Pretty much he'll be buying the house but she'll be putting the money down and making the monthly payments. My issue is that we have a 1 year old, and have talked about getting our own house in about a years time. If he does this for his mother won't that ruin our chances of buying a house when we're ready to do so?