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 Explain Liability of all borrowers Ownership vs. borrowing rights Risks of default Impact on credit and affordability Lender requirements
