What is the meaning of co-signer?

One who agrees to assume a debt obligation if the principal borrower defaults on mortgage payments. A' co-signer' assumes only personal liability and has no ownership interest in the property; his or her income and obSee: Delivery versus payment. Ligations are used in the underwriting process to reinforce the credit of the principal borrower.

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APABarry Goldsmith. (2010). co-signer. Retrieved September 22, 2026, from http://smartdefine.org/co-signer/definitions/1150104
ChicagoBarry Goldsmith. 2010. "co-signer" http://smartdefine.org/co-signer/definitions/1150104 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, co-signer, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/co-signer/definitions/1150104>.
MLABarry Goldsmith. "co-signer" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/co-signer/definitions/1150104>