Borrower

Co-Signer

A person who signs a loan agreement with the primary borrower

Full Definition

Co-Signer: A person who signs a loan agreement with the primary borrower. Understanding this concept is important when navigating the mortgage process. NMHL loan officers can explain how co-signer applies to your specific mortgage situation.

Why It Matters

Understanding co-signer helps you make informed decisions about your mortgage. This knowledge can save you money and help you avoid common pitfalls in the homebuying process.

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Frequently Asked Questions

Co-Signer refers to a person who signs a loan agreement with the primary borrower. This is an important concept in mortgage lending that affects how your loan works.

Understanding co-signer can help you make better decisions about your mortgage. Contact NMHL for personalized guidance on how this applies to your situation.

Ready to Put This Knowledge to Work?

Connect with an NMHL mortgage expert who can help you navigate the mortgage process.