In the complex realm of real estate, buyers with limited financial capacity seek innovative solutions. One intriguing option is enlisting someone else to subscribe to the mortgage. But can you really take out a mortgage for a third party like a child, brother, or sister? Let's delve into the intricacies of this scenario. What Banks Demand for a Mortgage To secure a mortgage with a favorable interest rate, banks demand exemplary financial capability. This includes stable long-term solvency, tied to a consistent income. The debt ratio should be under 35%, aligning with HCSF recommendations. Meeting these criteria is challenging for many buyers, leading them to explore financial assistance from third parties in various forms, such as loans. Can a Third Party Secure a Mortgage for Family Members? Acquiring a home loan for a third party presents legal and fiscal challenges. Conventional mortgages typically require the property owner to be the borrower. Transferring full ownership to a t