<prompt> Human: Throwaway because my family is on Reddit and this is supposed to be a secretMy aunt is buying a house and was denied a loan for some reason. She asked our family to help her buy a house only on paper and she would be responsible for everything else. Shes already got together the down payment and just needs my help in securing the loan. At first, she and my dad were working on this together and after multiple discussions they came to an agreement on how to go about the purchase and loan. My dad will buy the house in his name using her money for the down payment. The loan was also going to be in his name and my aunt was going to make the monthly payments to him, but they got denied-- probably because my dads income was too low compared to his debts. At this point, I get a frantic phone call requesting my recent pay stubs to put my name and my dads name on the loan to show that someone could eventually pay it off. I was hesitant to join as I was just hearing about it and had not mulled over it as my dad had, but eventually just gave in and sent them over.In the past, my aunt has helped out our family tremendously, going so far as to provide the down payment for one of our houses we sold it. I know this is an opportunity to pay her back for her kindness and I know this is why my dad wants to help her. The only good thing coming out of this for my dad is that his credit will improve with the steady loan repayments. Im not sure why my aunt was denied a loan, but she does have cash and other properties she can use to pay off this loan. My concern is that I would like to take out a loan within the next few years to pay for school and again in 10 years or so to buy my own house. When I mentioned this, she said shes happy to refinance the house in a few years and take my name off of the loan, but is this even possible to do after 2 or 3 years? All Ive provided is my pay stubs. I havent signed any documents agreeing to pay off the loan. If I have a loan of about 100,000 in my name and dads, will it prevent me from receiving future loans for school or to buy a house? Also, if my name is on the loan or possibly on the purchase of the house, how will this affect my tax report if Im not actually making any payments from my personal bank account?TL;DR: Aunt bought a house in my dads name and is asking me to take out a loan in my name while she makes the payments. Im unsure how this will affect my taxes or any future loans Ill need.  <response>: My aunt is buying a house and was denied a loan for some reason.It is not for some reason. If the bank doesnt trust her, you shouldnt trust her.Dont ever borrow money on someone elses behalf. 