looking for a cosigner for 1-2 years in ottawa
Looking for a cosigner for 1-2 years
Orléans, Ottawa, ON, K1B4N6
August, 31, 2025
added 15 hours ago
Utilities not included
| Main Features |
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| Condo3 bedrooms1100 Sqft1.5 baths1 parking spotsAC 1 Year lease |
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| Other Features |
| Description |
| We’re seeking a cosigner (credit score 680+) to help renew our mortgage. Our home is worth $440K, with a mortgage balance of $362K—leaving over $78K in equity. We’ve never missed a payment in 4 years, despite having a lower credit score (around 650). Our combined income is $188K/year, and the property rents for $3200/month. Our current biweekly mortgage payment (principal, interest, taxes, and insurance) is $1183, but with an A lender and a cosigner, we could reduce it to $850 biweekly—adding significant cash flow. Condo fees are $545/month, and utilities average $200. We’re offering a guaranteed $300/month for as long as you remain on as a cosigner—negotiable, and a fair reward for your help in securing better rates. Our current cosigner is purchasing a home, so we’re looking for someone new to help us benefit from lower rates (currently 5.01%, potential as low as 4.5%). Let’s connect! Let me know if you’d like any further adjustments! |