<prompt> Human: Hello All,Doing what I thought was the right thing at the time. I took out a mortgage for my parents and lately they have not been keeping up with the monthly payments. They live in the property and due to their bad credit, my parents needed me to obtain this mortgage so they can live in a house. This mortgage is about a year old. Giving them multiple chances to make payments on time has led to, two 30-day late payments impacting my credit scorecredit report. Now I am looking into the possibility of transferring this mortgage to my dad child to parent. He has a credit score of 573 and its needs to no less than 580 to be considered for a FHA loan. I recent had him apply for a secured Discover credit card to help raise his score. Due to an inability to validate him via address, Discover will send the card or disapproval letter within a few days.Is there anything else I can possibly do to help with this transfer? Besides a secured credit card, Im not sure of my options. Also, when I Googled child to parent mortgage transfer, I only get parent to child articles. I am feeling a bit overwhelmed by the position I am in. Any help is appreciated. Thanks.  <response>: You assumed all responsibility for this when you took out the mortgage. You cant just transfer the responsibility away because they cant handle it- this is why they needed you to begin with. It sucks that you fell into this trap but until they can qualify for a mortgage on their own you are stuck being responsible for the debt you legally agreed to.Sell the house and get out from under this albatross of a terrible decision. Get them set up in a rental under their names alone and leave yourself out of it.Its a hard lesson to be sure. 