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.
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