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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.

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Q: 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?
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