<prompt> Human: Hello, Im a recent college graduate in my late 20s who would like to remain anonymous. I realize there was a similar topic a few months back, but I think my situation may be somewhat different.Hello, Im a recent college graduate in my late 20s who would like to remain anonymous. I realize there was a similar topic a few months back, but I think my situation may be somewhat different.Today during lunch my parents called me and asked if I could get a mortgage for them and my aunt. My parents already have a mortgage right now, but are looking to get something lower cost because they are expecting their income to decline within the next four or five years. My aunt is currently renting. My aunt has an eBay business that my mother helps with, who was saving to buy a house with cash or mostly cash for about six months to a year.Recently my mother found a house that would fit all of their needs and put a land contract offer on it. She currently cannot get a mortgage on her own due to her existing mortgage and constantly fluctuating credit used for the business. Due to the non-optimal nature of a land contact for the seller and the house still having showings, she fears rightfully so that she will probably not get the house. So she asked to use my credit for the mortgage.She saved up 60k for a down payment leaving about 120k for the mortgage. I currently have no reason to assume she would not be able to make payments on it. She and a mortgage consultant believe it would only take her a year to either pay it off or get it low enough that my father could take the loan down enough to get their own mortgage on it. However, if something catastrophic were to happen, I would not be able to afford the house and my rent. And the house is too far away from my work to make moving possible.Other notes:I have no plans on buying a house within the next few years.This would not be my first mortgage, so I would not be using or losing any first-time homeowner bonuses.My prior mortgage was with an ex who took that loan. Prior to being able to switch that loan to her name, some bad payments were made by her which hurt my credit my only bad marks and caused a lot of stress.My parents have always lent every possible hand to me, including sheltering me for the years following the prior ex and going to college. So, I want to help them in any way I reasonably can.I need to make a decision within the next three hours. :sEDIT:Thank you for your answers everyone. I think you made it pretty clear. I didnt help them.  <response>: I havent read past the title, but NO NO NO! 