<prompt> Human: Hey there so here is the situation. Im engaged to get married in the next few weeks i couldnt be happier. We were just approached by my soon to be In-laws about what i can only describe as co-signing on a home loan. some back story on that. The in-laws got caught in the housing bubble of 08 lost there home and have been renting ever since. They met with there real estate agaent and were told that if they get another person on the loan initially it would really up the loan amount and that the extra person could be removed from the loan after several months. They told us this and asked us to do that for them and told us it could only help our credit It nothing goes wrong. I am worried that something will happen and that we will be stuck on this loan for longer then we want. I am also worried because my SO and I have not bought a house before and I dont want to be disqualified from any first time home buyer benefits that we could quality for. side bar-- Not to mention that just last month when we were getting our first apartment together in preparation for the wedding coming up and we needed a co-signer no because of how much we make but because we have no renters history and they flat out refused to even consider it. Please help. Update: I talked to my SO about what everyone said and we got to talk to the real estate agent. Clarification they would use our proof of income to get a bigger loan. we would be on the title and the loan. The RE agent said after about a year that we could get off the title. BUT she avoided saying we would be off the loan. only off the title. after that i was positive we are NOT going to do this. Thank for all the advise ! TL;DR In-laws want me and SO to co-sign on a home lone for them and Im hesitant to risk damaging our credit. NOT going to do this deal. its not worth the risk. Thanks for everyone who commented.  <response>: The idea that a co-signer will be dropped in a few months is completely false. Whoever said that is flat out lying and you and in-laws should no longer deal with that person for anything.As for the co-signing, you already know these borrowers defaulted and if they had had a previous co-signer that person would have had to pay the whole debt. What makes it different this time? Obviously the bank doesnt believe its different, so demands a co-signer. If you co-sign you are going to get hurt. A lot. 