Blog Article

Thursday, 04 September 2025

By Leahs Mortgages

Leah Zlatkin quoted in BNN Bloomberg: “Parents co-signing for their child’s mortgage is ‘fraught’ with risks: brokers”

https://www.bnnbloomberg.ca/business/real-estate/2025/09/04/parents-co-signing-for-their-childs-mortgage-is-fraught-with-risks-brokers/

Leah Zlatkin, a licensed mortgage broker, noted parents should consider the potential impact co-signing could have if they have multiple children who might need help to buy a home, leading to “family squabbles.”

Co-signing for one child may affect the parent’s ability to help their other children in the same way, as there is only so much debt a person can take on.