It is my understanding that a co-borrower is a person who will also avail of the loan and shares the responsibility of repaying it, while a co-signer guarantees that the borrower(s) will repay the loan, and will be resonsible for it if the borrower does not repay it.
The maximum number of cosigners allowed on a mortgage typically depends on the lender's policies, but it is usually limited to two cosigners.
Yes, it is possible to have two cosigners on a mortgage. Having multiple cosigners can help strengthen the application and increase the chances of approval, as it shows additional financial support and responsibility.
i have no idea
American cosigners have varied experiences, with some reporting positive interactions and successful outcomes, while others express frustration with the process and financial implications.
That is why the cosigner is there. To back up the contract if you bail.
The maximum number of cosigners allowed on a mortgage typically depends on the lender's policies, but it is usually limited to two cosigners.
Yes, it is possible to have two cosigners on a mortgage. Having multiple cosigners can help strengthen the application and increase the chances of approval, as it shows additional financial support and responsibility.
It depends on how your father's death, the repossession, and the cosigners credit are corelated.
i have no idea
no
both owner cosigners credit will be affected both owner cosigners credit will be affected
American cosigners have varied experiences, with some reporting positive interactions and successful outcomes, while others express frustration with the process and financial implications.
Yes. It's not always the landlord that owns the apartment block, but a company and he has to go by the rules. The company has a right to a degree to decide who to rent too and refuse cosigners.
yes
Computer Science & Engineering
That is why the cosigner is there. To back up the contract if you bail.
Having online cosigners for a loan application can increase the chances of approval, as it provides additional assurance to the lender that the loan will be repaid. It can also help secure a lower interest rate and better loan terms. Additionally, online cosigners make the application process more convenient and efficient, as it can be done remotely without the need for in-person meetings.