All posts tagged: Co-Borrower

Understanding the Difference Between a Co-Borrower and a Co-Signer

August 16, 2024 Mortgage Application Comments Off on Understanding the Difference Between a Co-Borrower and a Co-Signer

When it comes to securing a mortgage, the terms and roles can often be confusing. One such term you might come across is “co-borrower.” Understanding what a co-borrower is and how they differ from other roles in a mortgage can help you make informed decisions when navigating your home loan process.

Understanding The Difference Between A Co-Borrower And A Co-Signer: What Do They Mean?

March 16, 2021 Mortgage Application Comments Off on Understanding The Difference Between A Co-Borrower And A Co-Signer: What Do They Mean?

There is a lot of jargon that comes with purchasing a home. Even though this could be confusing, purchasing a home is also a significant decision. Therefore, it is critical for everyone to understand exactly what they are signing before they scribbled their name on the dotted line. In some cases, a co-borrower or a co-signer (also called a non-occupying co-borrower) could be needed to strengthen the application. What is the difference between these two terms?

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