Forum Discussion
valhalla360
May 23, 2022Navigator
Unless your parents co-sign or otherwise materially participate in the loan contract, there is no reason they could be liable for the loan (I assume you are an adult and not under any special guardianship to your parents).
The easiest would be to get the loan while you still have the apartment.
How will you be paying the loan? Will it include changing jobs? Is the income to payment ratios reasonable? It's quite reasonable for the bank to have questions if your financial situation is changing drastically and you are purchasing an item that can disappear or be destroyed in a heartbeat.
The easiest would be to get the loan while you still have the apartment.
How will you be paying the loan? Will it include changing jobs? Is the income to payment ratios reasonable? It's quite reasonable for the bank to have questions if your financial situation is changing drastically and you are purchasing an item that can disappear or be destroyed in a heartbeat.
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