What Is a Co-Sign & How Does It Work?
- A co-sign is the addition of another borrower added to your application for the purpose of increasing your total qualifying power.
- The process of adding a co-sign to your application is a straightforward step. Essentially, we are factoring in both the income AND the debts of that applicant, including their credit worthiness.
- A co-sign applicant is looked at the exact same way a primary borrower is viewed on a mortgage application.