No matter who you prove is paying this loan, as long as your name is on the loan, you are the ultimate responsible person and this will be considered when you apply for a new loan.
If you would like some name(s) of mortgage brokers and lenders, will be happy to refer you. Contact me at Gail@GailGladstone.com.
I am a mortgage Broker. If I can be of further assistance, please let me know.
877-238-6324 Ext 704
If your name is on a mortgage but it is paid by another person, then you can indicate "paid by other" on your loan application next to the debt. The underwriter will probably want 12 months of cancelled checks from your brother to verify that he pays the debt. This will eliminate the debt from your loan ratios and help you qualify.
After that, then you obatin the mortgage like any other, whether it be Conventional, FHA, rural, etc.
If you need assistance or have questions, please feel free to contact me.
Apply Online: flagstarloans.com/lallison