Help parents refinance mortgage

[skives]

That is their current mortgage. Chase escrowed the taxes with refinancing.

[Petunia 100]

That is their current mortgage. Chase escrowed the taxes with refinancing.

Oh, the last time they refinanced? OK, got it. Just making sure I understand.

[Scallywag]

My parents are asking my wife and I to help them refinance their mortgage by co-signing their mortgage. They don’t have the reserves to refinance their mortgage with our help.

What do you guys think about this and what should I know know before deciding?

Haven't read any of the other answers. But IMO, the one question you need to ask yourself & answer is if you could afford their mortgage payments if they stopped paging for ANY reason? If you can't, then no, you can't afford to cosign no matter how much you want to!