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Co-signing the mortgage is definitely out.
If you are going to loan them money, have your business execute a formal promissory note. Get it notarized. If they balk at that, say no. If they really intend to pay you back they should have no problem formalizing the transaction. If they don't pay you back, cancel the note, send them a 1099 for it, and claim it as a loss on your business taxes.
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