Can the mortgage company come after me if I co-signed for a loan for my son?

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2007-09-25 20:44:37 · 5 answers · asked by Oldmansea 6 in Business & Finance ➔ Credit

Sure they can.

When you co-sign any loan you are saying that you agree to pay if the primary signer defaults.

2007-09-26 03:11:20 · answer #1 · answered by ? 7 · 2⤊ 0⤋

Think about the word Co-Sign.

2007-09-26 04:55:44 · answer #2 · answered by yanks006 3 · 1⤊ 0⤋

Of course. The reason they wanted you to cosign is so they could come after you if your son defaulted.

2007-09-25 20:48:51 · answer #3 · answered by Anonymous · 2⤊ 0⤋

Yes, you signed responsiblity for it if your son doesn't pay!

2007-09-26 15:59:16 · answer #4 · answered by Anonymous · 1⤊ 0⤋

If he does not pay they come to you.

2007-09-26 21:21:40 · answer #5 · answered by kim h 7 · 1⤊ 0⤋