Cosigner 2019-08-17 08:00:00


A cosigner is a term used to identify an additional source of repayment on a loan. A cosigner can aid a borrower by increasing the amount of principal for which he or she is eligible. A borrower may need a cosigner if he or she has a low income or minimal credit history.

An example of when an individual may need a cosigner is when he or she is enrolling at a university and requires financing to pay tuition. Because that individual may just be graduating from high school and has a limited history of credit or none at all, he or she will require a cosigner to acquire financing.


Download our guide to real estate investing

Another Way To Own Investment Properties

Learn new ways to use real estate to pursue your wealth goals.

By providing your email and phone number, you are opting to receive communications from Realized. If you receive a text message and choose to stop receiving further messages, reply STOP to immediately unsubscribe. Msg & Data rates may apply. To manage receiving emails from Realized visit the Manage Preferences link in any email received.