<prompt> Human: Hello, Im currently a college student 21F. I have federal loans taken out and I have another year before I graduate. My mom asked me if Id be able to take out private loans to fix the roof of the house we currently own if she transferred the title to me. The house is a mobile home.I am genuinely clueless about how all of this works and am very apprehensive. My mom has bad credit from identity fraud in the past and I have yet to establish a strong credit score, but shes hopeful I can take out a loan to hire roofing contractors. I have heard that housing insurance can cover these repairs, so I will check with my mom and see what our insurance can do for us.Anyway, I just wanted to see what it would mean if I did decide to have this home under my name. Will it affect me financially in the future?  <response>: Dont think any more about this. just run. 