<prompt> Human: Should I let my mom use my name to buy a house?The plan, as described by my mom:The houses price is 180k. Mom will make a 2037; down-payment to a bank to buy the house.Mom will use my name when applying for the loan. Mom says that since this is my first time buying a house I will get a 4.537; interest rate. mom says that if she were to apply for the loan, she would get a 6.537; rate because this is would be her second house. Mom would use my name, but her own money.Bank will require monthly payments of 1045. Mom already has a renter lined up who will pay her 1400 each month.Im 26 years old and living with my parents. I have a job and am working on a Masters degree.I have no plans to move out or buy a house in the foreseeable future. I have no experience with financial issues, let alone real estate issues.Edit:Thanks for all the prompt and clear responses everyone. I trust my moms intentions, but Im realizing now that its naive of me to make a decision this big based on good intentions. I told my mom that I am not interested, and she said okay.  <response>: NO NO NO.If your mom stops paying the mortgage, you become responsible for paying the mortgage. If youre unable to pay the mortgage, it could result in a foreclosure and trash your credit. It will also make it significantly harder for you to buy your own house when youre ready to do so. You get zero benefit out of this, a significant amount of risk, and also run the risk of ruining your relationship with your mom. 