Should I cosign my dad’s mortgage?
For context, my dad had to file for bankruptcy a long time ago because of my mother’s irresponsible spending.
He is currently refinancing his mortgage and needs a cosigner. I’m in my late 20s and make $23/hr working retail full time, he does some kind of lab work at Teck. He also has two young kids and a car, his wife is just a housewife who doesn’t bring any income.
The thing is that I’m not too educated on this kind of stuff, I would like to know the risks of me doing this.
Thank you!