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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.

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โˆ™ 2011-03-18 13:59:31
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Q: Do you need your cosigner to sign when you refinance?
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If you bought a house and had it financed with a cosigner are they on the deed and if you are able to refinance yourself can you do it without them?

Since you are both on the loan you are both on the title. You can refinance without them on the loan but would need them to sign the title over or transfer at close.


Can you refinance your car without a cosigner if your current loan has 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


Can my cosigner take their name off the loan without my permission?

The only way to take a cosigner off of a loan is to refinance it.


Can you refinance a car if you don't know the original cosigner's location?

In order to refinance your car loan you need to have good enough credit to refinance in your own name and pay off the prior loan. If you pay off the prior loan you don't need to know the co-signer's whereabouts.


If the cosigner is refusing to refinance or pay the auto loan off how could the primary person on the auto loan remove his or her name?

They would need to have the vehicle refinanced in their name only or obtain another cosigner for the refinancing.


If you refinance the house after a year can you take the cosigner off the mortgage loan?

Yes.


Do You need a cosigner if your married?

Having a cosigner has nothing to do with your marital status. It's all about your credit. If you do need a cosigner for lets say a car loan, then it's better to have your spouse sign than ask a relative/friend to sign. Unless your spouses' credit is bad, then you have to look into a person who has good credit. Hope this helps!


Can a cosigner who is a spouse refinance without the primary spouse?

Not if you are both on Title unless they forge your name.


Can the primany buyer of an auto loan refinance the auto loan in the cosigner's name only?

No. The cosigner would have to apply for a loan in their name using their credit, income data.


Does the cosigner on your vehicle need to sign the title for you to sell your vehicle?

The co-signer will usually only have to sign if they are listed on the title as a co-owner.


Can your cosigner refinance your car without your permission?

No. As the one who originally took out the loan, they cannot refinance your car loan without your permission. The only thing they can do (and have to do) is to pay your payments if you default on the loan.


Can you replace a cosigner for an apartment with another cosigner?

Yes, you can replace a cosigner for an apartment with another cosigner. However, you need to get the consent of the landlord.


If we have bad credit will a cosigner help us get a mortgage?

Yes, a person with bad credit can get a cosigner for a mortgage. The cosigner will have to have excellent credit and must go into the office to sign papers to become a cosigner.


If you are financing a vehicle can you remove the co-owner from the vehicle?

Only if you refinance the vehicle without the cosigner on the new loan.


Can a cosigner be removed from mortgage loan?

No. The loan must be paid off and you must refinance without the co-signer.


Do student loans require a cosigner?

No, for the majority of student loans available in the United States you will not need a cosigner. However, for private loans, you will need a cosigner.


Can the borrower of a private student loan change the cosigner during the term of a loan or must she refinance to do that?

AnswerThe short answer is no, you can never change cosigner on a private student loan. If they die, however, it is transferred to you.


Can a cobuyer refinance a auto loan and remove the buyer from loan?

Buy cobuyer I wonder if you mean cosigner on a loan. If this is the case then the answer is no. As a cosigner you are simply agreeing to pay the loan if the person who took it out does not. It is in his or her name and you are responsible for it if they do not pay it.


Who has control of company vehicles with a cosigner?

Control in what sense? Sell them, transfer title? The cosigner guarantee's the loan on the vehicles and would need to agree to selling them and sign the title. You can use them for any purpose, do anything with them including burning them. You will still be responsible for the loan and if not you the cosigner will have to pay the loan off.


Can a cosigner help you get an automobile if your other automobile was repossessed?

this is the main reason why people need someone to sign for them.(bad credit) the answer is yes


Is there any way a cosigner can get his or her name off of a car loan?

The only way to be relieved of the obligation is for the primary borrower to refinance the vehicle.


Can you refinance under HARP with a different co signer?

If you qualify for all the factors in a harp loan but work commission can you have a cosigner on the loan?


What can you legally do if you want to refinance your car to have the cosigners name removed but the cosigner refuses to sign the papers?

The co-signor might be doing you a favor and might not be. Just tell the lender what you want to do. IF youur credit is good enough, they will take care of the paperwork.


Can tenants renew a lease if the cosigner does not sign?

That is up to the landlord.


What can you do to save your credit as a cosigner for your son durning a car repossession?

You need to have him sign over the car to you and pay the note. Regardless, you have to pay the note.