What are the responsibilities of a co-signer?

Joel Olson • February 13, 2017

When you are co-signing for a mortgage, we look at your entire financial situation – credit and income. 


This means that we need just as many documents from you as we need from the main applicant. 


Mortgages have changed a lot over the last decade, so you can expect that you will be required to supply more documents than you may have when you first applied for a mortgage. However, once the mortgage has been signed you will be only be called upon if the the main applicant starts missing payments. 


Most people find the process of getting approved more involved than they thought; however, they find being on the Title for the long-term to be less involved than they thought. 


It’s important to note that most lenders will require all borrowers to be on the Title. Read here for more information on the difference between a guarantor and a co-signer.
A man with a beard and a suit is smiling for the camera.
Joel Olson
GET STARTED

Bank of Canada Raises Rate to 2.5% — October 28, 2026

By Joel Olson • October 28, 2026
On October 28, 2026, the Bank of Canada raised its key interest rate by 0.25%, bringing it to 2.5%. If you have a mortgage, are shopping for a home, or have a renewal coming up, this decision matters. Here is a plain-language look at what changed, why it happened, and what it could mean for you.
Business meeting in a bright office, with a man in a gray suit speaking to two colleagues across a table

Everything You Need to Know About Mortgage Financing in Canada

By Joel Olson • October 27, 2026
Get expert insights on mortgage financing in Canada. Contact Joel Olson for help with complex files & rural financing.