Loan under my name to help parents

My mom and dad want to retire in California from New Jersey. They applied for a mortgage but didn’t get approved since their debt to income ratio is too high. I, on the other hand, got approved for a loan in Jersey and I plan to offer to take out a loan under my name and sell the house to my parents a year or two after so that they can get their credit scores up. What if my parents won’t qualify for a loan by then? I get stuck with a home that I don’t want and I can’t purchase one for myself that I like. Any thoughts? by schumer289 from Long Beach, California. Oct 27th 2021 Reply