Your Kid Wants to Buy a House. Should You Co-Sign?

Using Your Home Equity to Give Your Kids an “Early Inheritance”

Top 5 Ways Ontario Parents Are Helping Their Kids Buy Homes in 2025

Should You Co-Sign or Be a Guarantor for Your Child’s Mortgage in Ontario?

If your adult child is ready to buy a home but can’t quite qualify on their own, your first instinct might be to co-sign or guarantee the mortgage.But before you tie your financial future to theirs, it’s worth exploring other ways to help — ones that support your child without putting your credit or borrowing power at risk . Here are five practical alternatives Ontario parents are using to help their kids enter the housing market safely and strategically. 1. Gift Part (or All

A vast majority of parents are currently supporting their children (ages 18-35 years) financially, spending an average of $5,623 per year ! This is an extensive additional cost that most parents cannot afford. In fact, over 30% of parents are seeing delayed retirement in order to help kids with post-secondary costs and are facing an inability or delayed timeframe in paying off their own debts. As much as parents want to help their kids, it should not be done at the jeopardy o