If you put your name on the co-op for refinance, you will be conisdered a co-owner. As such, there is a substantial possibility that will preempt your ability to claim first time homebuyer status. If you sign for the re-fi, you will have obligated yourself to the legal responsibilities for repayment of the loan, as well as the benefits of an owner in the co-op. Since you defined this as a co-op, you are a stock certificate holder.
Deborah Madey - Real Estate Broker
Peninsula Realty Group - New Jersey