---
title: Cosigner
description: 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.
---

[Realized 1031 Glossary of Terms ](https://www.realized1031.com/glossary)

# [Cosigner](https://www.realized1031.com/glossary/cosigner)

 Written by [The Realized Team](https://www.realized1031.com/glossary/author/the-realized-team) | Jun 27, 2022 12:00:00 PM

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.

[View full post](https://www.realized1031.com/glossary/cosigner)

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