Additional applicants on a loan whose income helps to qualify for a loan and whose name appears on documents with the same legal obligations.

a person who is equally responsible to repay the loan if the borrower (you) does not make the scheduled payments

a second or additional party who may receive or benefits from the loan proceeds and agrees to repay the loan

Someone (often a member of the borrower's family) who accepts responsibility for repayment of a mortgage loan, along with the primary borrower, to help the borrower qualify for the loan. Also called a co-mortgagor.

Another party who signs for the mortgage loan. Income, debts, assets and credit histories of both borrowers are combined in order to qualify for the mortgage.

A 2nd borrower on a loan.

A person who is equally and jointly as liable for repayment of a loan as the Borrower.

The personal name appearing on the loan application with the borrower's. The co-borrower's income, assets and debts are added together with the borrowers for underwriting and ratio analysis. A co-borrower does not have to take title to the property, but if their income is used to qualify, they must sign the mortgage Note. Also referred to as a co-mortgagor.

A secondary borrower on a loan application. The co-borrower's credit, income, assets, and debts are all taken into account when assessing borrowers for qualification.

A person who agrees to be jointly responsible for repaying a loan along with the borrower. A creditworthy co-borrower often enables a borrower lacking sufficient credit history to qualify for a loan. The addition of a co-borrower on a loan may result in better loan terms (e.g., lower interest rate or lower fees). The co-borrower is equally responsible for the debt as long as it is outstanding, unless s/he is formally released from the obligation during repayment.

One who is individually and jointly obligated to repay a mortgage loan with one or more borrowers.

The person who is sharing the mortgage responsibility with the borrower.

An individual who signs the promissory note in addition to the borrower and is equally responsible for the obligation if the borrower doesn’t pay.

A co-borrower is a second or additional party who received the loan proceeds and agreed to repay the loan promise.

A signer of a promissory note who is secondarily liable for a loan obligation.

An individual who enters into an agreement along with the borrower. The co-borrower is responsible if the borrower should default on the loan.

A second borrower who signs a mortgage loan with the borrower. The co-borrower's income, assets, and debt are combined with that of the borrowers for the sake of qualifying and underwriting purposes. The co-borrower's name must also appear on the mortgage or deed of trust.

Signer other than the borrower, who assumes equal responsibility for the repayment of the loan.

A person who signs as a borrower on a mortgage loan alongside another borrower.

Second or additional persons equally responsible for payments on a mortgage.

Any borrower other than the first borrower whose name appears on the application and mortgage note, even when that person owns the property jointly with the first borrower and shares liability for the note.

An additional borrower who agrees to be equally liable for a debt.

If more than one person will be responsible for repaying the loan, the second person listed on the application is the Co-Borrower. If there will be more than one borrower, either one can be listed as the borrower and/or co-borrower, but the borrower's name must appear on the deed to the property being purchased. For VA loans, the individual with VA certification must be listed as the borrower, not the co-borrower.

A second person sharing obligation on the loan and title on the property.

A person who signs a promissory note along with the primary borrower. A co-maker's signature guarantees that the loan will be repaid, because the borrower and the co-maker are equally responsible for the repayment. Sometimes called a co-signer.

A co-borrower is a second or additional party who receives the loan proceeds and agrees to repay the loan.

Someone who will be jointly obligated to repay the loan. If you are married, your spouse may be your Co-borrower or you may elect to apply as an individual. The Co-borrower's credit, income and asset information is considered in the loan qualification process.

An additional individual who is both obligated on the loan and is on title to the property.

A person who's income and creditworthiness is utilized in addition to the borrower to obtain a mortgage. This person is individually and jointly obligated to repay the mortgage and may or may not share ownership of the property.

If more than one person will be responsible for repaying the loan, they are Co-Borrowers.

An additional person who is obligated to the loan and is on the propertyâ€(tm)s title.

One who signs a negotiable instrument with others and becomes primarily liable for its payment.

A person who signs a promissory note (mortgage) along with the borrower. A co-borrower's signature guarantees that the loan will be repaid, because the borrower and the co-borrower are equally responsible for the repayment. Also referred to as a co-maker or co-signor.

additional borrower(s) whose income contributes to qualifying for a loan and whose name(s) appears on documents with equal legal obligations.

A person who is jointly and equally liable for repayment of the mortgage obligation. A co-borrower completes an application and submits all documentation and may or may not be on the security instrument.

A party who signs the mortgage note along with the primary borrower, and who also shares title to the subject real estate.

An additional borrower whose income and credit contribute to the primary borrower's ability to qualify for a loan and whose name appears on the loan documents. There may be more than one co-borrower, and all co-borrowers have legal obligations equal to the primary borrower.

Someone who shares the ownership of a property with the borrower. They also share the obligation to repay the loan to the lender.

An individual or entity signing a legal document on an equal basis with other signer(s) who is then jointly liable with the other signers or borrowers for repayment of debt.

A party who signs the mortgage note along with the borrower and who shares the title to, and the obligation to pay for the property with the borrower. Also called

A second borrower who signs a mortgage loan with a mortgagor. The co-mortgagor's income, debts and assets are combined with the mortgagor's for ratio analysis and underwriting purposes.

Additional person listed on the closing document who is responsible for repayment of the home equity loan or line of credit.

Any individual who will assume responsibility on the loan, take a title interest in the property and intends to occupy the property as their primary residence.

One who is individually and jointly liable to repay a mortgage loan and may or may not be one of the owners of the security property.

Borrower(s) who contribute income and credit history to the qualification process of a loan and whose name(s) appear(s) on all closing documents. The co-borrower is also liable for the debt and condition of property.

An additional individual who is both responsible for the mortgage and is on title for the property

Signer other than the borrower, who assumes responsibility for the loan if the borrower fails to repay it.

A second individual who has applied, and been accepted, for a mortgage. Typically the onus of payment of a mortgage falls on the borrower, also known as the primary borrower.

A person who borrows money jointly with you. Each individual is jointly and separately responsible for the repayment of the loan. This means that if one person does not pay the other person will be required to pay the full amount of the loan.

Someone else listed on the loan and title and who is responsible for payment. Used sometimes when one's own borrowing ability is insufficient.

An additional borrower on a loan. A co-borrower's obligation on a loan is the same as the borrower's.

An additional borrower on a loan. A co-borrower's obligation on a loan are the same as all other borrowers.

An additional individual who is both obligated on the loan and whose name appears on all documents with equal legal obligations. back

An additional person who assumes equal responsibility for repayment of a loan and is fully obligated under the terms of the loan. This person also has equal rights to the proceeds of the loan.

A co-borrower, a second or additional party, may receive part of the loan proceeds and agrees to repay the loan.