Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho March 24, 2021

Understanding The Difference Between A Co-Borrower And A Co-Signer: What Do They Mean?

There is a lot of jargon that comes with purchasing a home. Even though this could be confusing, purchasing a home is also a significant decision. Therefore, it is critical for everyone to understand exactly what they are signing before they scribble their name on the dotted line. In some cases, a co-borrower or a co-signer (also called a non-occupying co-borrower) could be needed to strengthen the application. What is the difference between these two terms?  What Is A Co-Borrower? First, a … [Read more...]

Filed Under: Home Mortgage Tips Tagged With: Co-Borrower, Co-Signer, Mortgage Explained

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