<prompt> Human: I am 27 and still in college. I have about one year left before I graduate, and the only debt I have is 2,000 on a credit card, which I am currently paying and have never been late on. My credit is in the 700s, because I worked to establish good credit over the past decade. I live with my parents and pay them rent. I currently do not have a good job, and I make little money.My parents are currently trying to buy a home, but my moms credit is bad, so she cannot cosign with my dad. They have asked me to cosign on the morgage with my dad, until my moms credit gets better. When my moms credit is better she will get another morgage with my dad and pay off the orginal one. She told me she thinks it will be one to two years before her credit is good enough to cosign. I believe the house is around 130k, which is a lot of debt to temporarily take on in the next year or two. They have told me that they have not been late on a house payment in the last 7 years, and that the morgage always comes first. My parents are in their 50s and have stable jobs. They also have a lot of other debt, but I am not sure how much and on what. They want this house because they believe it is in a very good location to other businesses in the area, and they believe a business will buy it for double in the next 5 years or so.How would this affect my credit? Would my debt to income ratio make it impossible to say get a loan for a car? Assuming they do make payments on time, how would it affect me? I would appreciate any insight anyone could bring, because I dont like the idea of this at all, and I wish they never asked me.  <response>: until my moms credit gets betterShes in her 50s. You cant teach an old dog new tricks is a saying for a reason. DO NOT COSIGN. They will drag your credit down for many years. And it would be very difficult to get your name off that loan other than forcing a house sale if they dont qualify for the loan without you. This is a house they want not something they have to buy. Buying everything they want is probably how they got themselves into this credit mess in the first place. Do not be an enabler for them. 