A cosigner is needed when the primary borrower does not, for whatever reason, (age, income, credit rating, etc.) does not qualify for a loan on their own merit.
If the lender requires it. They don't always, but it is sometimes preferred.
Yes, you can replace a cosigner for an apartment with another cosigner. However, you need to get the consent of the landlord.
Most freshman will in fact need a cosigner for loans. The need of a cosigner is dependent on how much good credit history the student has available. So, if for example the student was in their late 20's and had successfully paid all debt prior they would not need a cosigner.
if you take it to your personal bank and ask them how much you need to have paid already they can indeed refinace you and remove the cosigner
If you need a cosigner for the loan because of bad credit, it means you can't afford the car.
If you need a cosigner they must sign because a co-signer is a person who accepts responsibility for repayment of a loan, credit card or other debt along with the original borrower. However, if the institution giving you the new loan doesn't require a cosigner, you don't need to have the cosigner on your original loan sign anything.
The title has nothing to do with the loan. The loan will need to be refinanced using a different cosigner or only the primary borrowers.
That is an issue between the mortgage company, the buyer and the cosigner. The seller's only worry is selling the property and getting paid.
You don't need a license to get a loan. Your credit rating will determine whether you need a cosigner or not.
usually over 680
No, first time renters do not generally need a cosigner. They may if they are young like 18 years old or have credit or financial issues.
You need a lisence to drive the car, but not to cosign a loan.