The mortgage holder without owning the last figure that we will study in the practice resembles the guarantor, although it has some differences that are worth commenting on. It would be the case in which we signed as the deed of mortgage holders but we are not for anything in the buying and selling. We assume a mortgage debt without receiving in return percentage of housing. It is a delicate in terms of taxation position, since it could be considered a disguised donation (if actually paid a portion of the mortgage payments). It has used by some entities to increase the income of the family unit and that an operation passes his scoring. Under the assumption that the holder of the mortgage also pays the fee, the indebtedness ratio improves. Actually rarely happens, since the fake guarantor pays nothing, only afinaza the operation.
basic practical difference with the endorsement is being guarantor we leave in the CIRBE as indirect risk and being owner of the mortgage is listed as direct risk. And it will be harder to get subsequent financing if our risk is direct. These three legal positions are those that primarily use financial institutions to strengthen the operation (in banking jargon), i.e., to have more guarantees of charge if the primary holder of the mortgage does not pay. We have to be very clear is if the formula satisfies us and if we are willing to take the consequences. It should always be put in the worst case scenario: that which has asked the mortgage does not pay. After anything it will serve to complain about bad luck.