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Can I take Home Improvement Loan for Parent’s Property ?

Hi,

My mother owns a house where my parents and brother live. We are planning to renovate it and pay for it either by dipping into their retirement savings (which I don’t want to) or by taking a home improvement loan. However both my parents are retired and are dependent on me. I want to take a home improvement loan, is it possible to do so since the property is not in my name? Maybe I can co-sign the loan with my mother?

Thanks.

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