<prompt> Human: Hey everyone. Recently my dad asked me to help co-sign on a home loan with him. He is approved for a certain amount, but achieves his goal amount if I sign with him. I am 26, have a credit score of 720, and currently have a car loan. I am not nervous about my dad ability that pay the mortgage, but I am nervous about because I am afraid of what is going to happen next year. I will be going to school full time and not working and really counting on FAFSA. How will co-signing in this loan affect me in terms of taxes, being eligible for fafsa, school loans, how it will affect my future spouse, etc. Im afraid that owning a house will spike my debt to income ratio, but also increase my worth which will make me ineligible for FAFSA. Clearly Im not the most well rounded on this topic and really can benefit from any advice.  <response>: Do NOT co-sign a loan, I cant stress this enough. Especially if youre the son doing it for your father. I know it may be hard to say no to family but you take on SIGNIFICANT risk if something were to go wrong in the next...30 years. I mean, from experience it works out just as much as it doesnt. 