My parents are in a tough spot right now financially since my dad stopped working due to cancer. But we already had plans set in place to sell our house. My mom just told me she might need to add my name into the mortgage for our new house to get approved. We have nowhere else to live and my parents mean a lot to me so I said okay.
What affects might this have on my credit score (780 right now) or in the long run? I don’t know much about how real estate works.
19M in Canada