What Is a Co-Signer, and When Might I Need One?
1. A Co-Signer Is Someone Who Agrees to Take Responsibility for Your Loan A co-signer is someone who signs the loan agreement along with you and agrees to take responsibility for the mortgage if you’re unable to make the payments. Most often, a co-signer is a family member or close friend The co-signer’s credit score and income are considered by the lender […]