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Examples
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Michelle Singletary: First, find out if you were put on the card as a "co-borrower" or essentially as a co-signer or if you were just an authorized user.
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Until that mortgage is paid off, typically through a refinance, or is assumed by one spouse in a transaction that expressly releases the other from liability for the mortgage, a divorcing spouse will remain legally liable for the entire mortgage (as a co-borrower) but will have conveyed 100 percent of his or her ownership interest.
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Until that mortgage is paid off, typically through a refinance, or is assumed by one spouse in a transaction that expressly releases the other from liability for the mortgage, a divorcing spouse will remain legally liable for the entire mortgage (as a co-borrower) but will have conveyed 100 percent of his or her ownership interest.
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Getting a joint mortgage with a co-borrower who is a W-2 employee, such as a significant other, spouse or trusted friend, is another way to improve your prospects of getting approved for a mortgage if you are self-employed.
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Michelle Singletary: First, find out if you were put on the card as a "co-borrower" or essentially as a co-signer or if you were just an authorized user.
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The second quarter's -- the co-borrower rate in the second quarter 2011 was actually higher than the second quarter 2010 to Jon's seasonality.
unknown title 2011
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And then just a follow-up, I think, John, did you mention that the co-borrower percentage on new private credits is 81%?
unknown title 2011
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Loans underwritten in the quarter had an average FICO score of 736, and 81% of loans made had a co-borrower.
unknown title 2011
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"A co-signer is really a co-borrower," said John J. Vento, the president of the Comprehensive Wealth Management Group, a financial planning firm in Staten Island.
NYT > Home Page By VICKIE ELMER 2011
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Beware: A cosigner is a co-borrower, equally obligated to repay the loan.
NYT > Home Page By MARK KANTROWITZ 2011
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