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Can a lender or salesperson suggest a certain person to co-sign at time of application on a loan?
Wiki User
∙ 8y ago
You'd might as well be asking "Can the lender say 'Good morning' when you enter his office. Of course he can SUGGEST anything he wants. He can even INSIST that someone with a good credit rating cosign for you.
Wiki User
∙ 8y ago
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When might two people need to cosign an agreement?
Two people would need to cosign an agreement when for example, parents need to cosign the loan application for their child or to help a friend in need.
What is the cosign of pi?
The cosign of pi is -1
How many time can you cosign a car?
how many times can someone cosign a car
Cosign lease extension?
To cosign a lease extension means to become legally responsible for the lease agreement alongside the primary tenant. This includes agreeing to uphold all terms and obligations of the extended lease period as a form of guarantee for the landlord in case the primary tenant is unable to fulfill their responsibilities. It's important to understand the implications and commitments involved before agreeing to cosign a lease extension.
Do you have to be a relative to cosign?
no.my father cosigned for me,but the bank told me that anybody could cosign..good luck to you.
What is the cosign of 20?
about 0.4080820618
Can someone cosign with disability?
Yes. Just have the co-signer with the better credit score fill out the application as the first applicant. They won't necessarily even run a credit report on the second applicant.
Can a minor cosign on a loan?
absolutely not. Minors are not able to cosign any loans, only an adult (eighteen years or older) is aloud to cosign a loan. the law states that any minor is not responcible for the repayment of any loan.
Can someone cosign for only a certain amount on a loan such as if the person only wants to cosign for 12k but the loan is 17k?
No. You co-sign for the note as indicated on the documents you sign. There is no half way. Beware ... When a lender asks for a co-signer, the lender knows that the co-signer will have to make at least some of the payments. This answer comes from experience.
Should you get your girlfriend to cosign with you on your mortgage?
Not unless she is also added to the deed and becomes an equal owner. You should also make certain you are in a mature, stable, long-term relationship.
When you cosign for someone how long are you required to be their cosigner?
For the length of the contract you sign. If you cosign on a 3 yr loan, you are responsible for the debt for 3 years.
Can your boyfriend cosign for you even though he does not have a job or collateral but he's had good credit for 3 years?
NO. The lender will want to be certain that the co-signer is solvent. Not having a job would not be acceptable.
