<prompt> Human: My husbands parents are in the process of trying to get a home loan. My FILs credit was just under what they were looking for just for him to qualify by himself. My MIL is currently working for a temp agency and they will not allow her to be on the loan due to this issue.They are both working full time and are making enough to be able to afford a home. My husband has come up with the idea that he could cosign to help them out. Now, I have explained my issuss with him doing so. However, he is hell bent on cosigning.My question is this, since both of my ILs are working and I have no reason to expect them to default on their loan, could this possibly be an OK idea? I made a list of stipulations which include:1. Copies of all of the mortgage paperwork and statements each month proving that they are paying.2. The monthly payment each month must be an amount that could be made if one of them lost their job.3. Refinance when able to to get husbands name off of loan.4. Proof every 3 months that shows the 15,000 they have in savings is still there in case both lost their jobs and could cover the mortgage payment every month for a year so we could sell ASAP.Should I include more stipulations or should I just tell my husband no all together? I have never been a cosigner on anything so I dont know much about this. Thanks in advance!  <response>: The problem with cosigning is this:Just because you ask them to do these things doesnt mean they HAVE to. If they decide to screw you, oh well. If they lose their jobs and cant pay and decide to not sell? Oh well. A bad medical expense leaves them broke? Oh well.They would be the property owners. All you would be doing is agreeing to pay their loan or tank your own credit in case they decide to or have to flake out for any reason at all.Trust is there Im sure, you might not expect anything, but things happen, home loans are usually for a long time period, people can run out of money. In those moments Im there for my family to help provide immediate dollar amounts, but I will not ever hang my own credit up for a family member to even accidentally put in jeopardy.Plus there might be difficulties getting your own large loan while you are signed for another large loan, in case you decide you want your own mortgage in the next decade or two. this isnt for sure a problem, just could be. 