How much of a benefit is it to have a co-signer for a new mortage?We are trying to get pre-qual to purchase a foreclosure that we have our eyes on. Want to move quickly. We are off on our income to debt ratio becasue I work at home (self employed) and cannot prove income. One of our options is to pay off more $ on our credit card and/or pay off our two vehicles (they are both about one year from being paid off). We are wondering if we got a co-signer for the mortgage if that would help us get qualified faster. We have a couple family members that are willing to help us out. Thanks for any info!February 02 2009 - Greeley00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.