JOINTLIABILITY Joint Borrower Sole Proprietor (JBSP) ILAIndependent Legal Advice for JBSP MortgagesA JBSP mortgage allows additional borrowers to support affordability without being on the property title. Lenders require independent advice to ensure all parties understand their obligations. OURMISSION What We ExplainLiability of all borrowersOwnership vs. borrowing rightsRisks of defaultImpact on credit and affordabilityLender requirements
