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Leagan Realty, Scottsdale Arizona

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

March 24, 2021 by Lisa Eagan

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 scribbled 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?

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

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Leagan Realty

12862 East Summit Drive
Scottsdale, Arizona 85259
Phone: 480.766.2115
Fax: 888.422.9951

Email: lisaeagan@leaganrealty.com
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