Buying a Home with a Co-signer?
June 25, 2021
One of the ways loved ones can help hopeful home buyers is by agreeing to be a co-signer on the mortgage. Co-signing can be applied to most types of loans, not just mortgages. Essentially, a co-signer takes on the responsibility of making the loan payments in the event the original borrower can’t. By providing this extra assurance to the lender, co-signers can help applicants qualify for a mortgage.
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