Co-Borrowers

One or more persons who have signed the mortgage note, and are therefore equally responsible for repaying the loan.

 

Co-borrowers who are not married are legally advised to have an agreement about what happens if they separate before signing the note.

 

 

 

 

References

Guttentag, Jack. "Mortgage Glossary". 2008 <http://www.mtgprofessor.com/glossary.htm>.

 

 

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