English - Turkish
Definition of co-signer in English Turkish dictionary
- (Ticaret) kefil
- co-imzalayan
- co imzalayan
- cosigner
- müşterek imza atan kimse
Related Terms
English - English
Definition of co-signer in English English dictionary
- A person who assumes joint liability with another person by applying for and obtaining a mortgage A co-signer has the responsibility for the repayment of the loan should the primary borrower default
- A credit-worthy person, other than the borrower, who agrees to repay the debt if the borrower fails to do so
- A person who signs a loan document along with the principal borrower and thereby becomes legally liable for the debt also
- A signer of a promissory note who is secondarily liable for a loan obligation A cosigner is commonly referred to as an endorser
- - A person who agrees to assume a debt obligation if the principal borrower defaults on the payments A co-signer is not on the security instrument and is only responsible for the debt See also: co-borrower
- – A signer other than the borrower who agrees to assume responsibility for repayment in the event hat the borrower fails to repay Guaranty agencies or lenders may require co-signers, but federal regulations do not require them
- One who agrees to assume the debt obligation if the principal borrower should default on mortgage payments A cosigner assumes only personal liability and has no ownership interest in the property His other income and obligations are used in the underwriting process to reinforce the credit of the principal borrower, but they are not given equal weight with those of the principal borrower They serve as compensating factors only Contrast with "Co-mortgagor"
- One who is obligated to repay a mortgage loan should the borrower default but who does not share ownership in the property See also: co-mortgagor
- The Co-Signer assumes only personal liability and has no ownership interest in the property The co-signer executes the promissory note
- A person who assumes joint liability for a loan The co-signer of a loan agreement is not necessarily, however, a co-owner
- A person who signs a credit agreement besides the borrower and is legally obligated to take responsibility for loan repayment if the borrower does not make payments
- An individual in addition to the borrower who signs a note and thus assumes responsibility and liability for repayment
- A person with good credit history and adequate income who agrees to make your loan payments if you don't make them
- This person agrees to pay if the borrower does not
- This is a credit worthy individual, usually a parent or spouse, who has agreed to share the responsibility for repayment of a student loan with the borrower
- A parent or any person over 18 years old who agrees to share credit responsibilities and pay debts
- A person who signs and assumes joint liability with another person for repayment of a debt
- An individual who equally pledges his or her collateral or credit by signing on a loan or credit application with another person
- A person who agree to assume a debt obligation if the principal borrower defaults on the payments A cosigner is not on the security instrument and is only responsible for the debt See also: co-borrower
- A person who signs a credit card application with the primary applicant The co-signer agrees to be legally liable for any balance incurred on the credit card, regardless of who used the card
- Someone who assumes legal responsibility for repayment of a loan in the event the borrower does not pay A Cosigner may be considered for a Buyer who does not comply with all the credit requirements The income of the Buyer, however, must meet all the income and budget guidelines without reliance upon the income of the cosigner
- A person who agrees to assume a debt obligation if the principal borrower defaults on the payments A co-signer is not on the security instrument and is only responsible for the debt See also: Co-borrower
- one who signs a document along with others, joint signer of a document
- A second party who signs a promissory note and takes responsibility for the debt
- A second party who signs a promissory note and assumes responsibility for payment of the loan A co-signer is fully responsible for the debt in the event the borrower does not repay the debt
- Sometimes a creditor will ask for someone to co-sign or guarantee your loan This means they are responsible for your debts if you are unable to make your payments
- cosigner
- A cosignatory
- cosigner
- A person who accepts joint responsibility for the debt of another
- cosigner
- When you cosign for a loan, you are a cosigner A cosigner agrees to repay that loan if the primary obligor (other person signing the loan) does not pay
- cosigner
- Any person that signs along with the maker of a loan or credit obligation, thus becoming responsible if the maker defaults
- cosigner
- Someone who is willing to sign a mortgage loan obligation with you in case you default on your monthly payments Normally, the cosigner is required to go through the same application and approval process as the original signer of the loan
- cosigner
- A signer of a promissory note who is secondarily liable for a loan obligation This term is no longer used in federal regulations See also Endorser
- cosigner
- {i} joint signer, one who signs a document along with other signers
- cosigner
- A person who cosigns a credit card application with the primary applicant The cosigner agrees to be liable for any balance that the primary applicant allows to go into default
- cosigner
- A second creditworthy party who signs a promissory note with a borrower who has no collateral or satisfactory credit history The second party guarantees that the loan will be repaid if the borrower fails to make payments
- cosigner
- A second creditworthy party who signs a promissory note with a borrower who does not have collateral or good credit history The second party guarantees that the loan will be repaid if the borrower fails to make payments
- cosigner
- One who only signs the note and is as equally responsible for repayment as the borrower
- cosigner
- A person who also signs your loan and assumes equal responsibility for it
- cosigner
- one of two or more signers of the same document (as a treaty or declaration)
- cosigner
- A creditworthy party, other than the borrower, who assumes responsibility for repaying a loan in the event the borrower does not pay Back to Top
- cosigner
- If you can't qualify for a mortgage you may need a Cosigner to help you obtain the mortgage A Cosigner is usually a close relative who is willing to sign the mortgage with you and is equally responsible for repaying the loan A good cosigner is generally someone with an excellent credit/payment history and/or more-than-sufficient available funds or income to be able to make the payment if you are unable to for any reason
- cosigner
- A second party who signs a promissory note and takes responsibility for the debt
- cosigner
- One who agrees to assume the debt obligation if the principal borrower defaults on mortgage payments A co-signer assumes only personal liability and has no ownership interest in the property His or her income and obligations are used in the underwriting process to reinforce the credit of the principal borrower The co-signer's credit is not given equal weight with that of the principal borrower, but serves only as a compensating factor Contrast with co-mortgagor
- cosigner
- A creditworthy party, other than the borrower, who assumes responsibility for repaying a loan in the event the borrower does not pay
- cosigner
- Someone who is willing to sign a mortgage loan obligation with you in case you default on your monthly payments A cosigner is required to go through the same application and approval process as the original signer of the loan
- cosigner
- A term referring to a person, other than the principle borrower, who signs for a loan The cosigner(s) assumes equal liability for the loan [FRBSF] Another person who signs for a loan and assumes equal liability for it [FRBC][FRBM] (see also loan)
- cosigner
- A friend or relative who comes to a borrower's rescue by co-signing (which literally means being indebted for) a mortgage A cosigner can't improve your credit report but can improve your chances of getting a mortgage
- cosigner
- one of two or more signers of the same document (as a treaty or declaration) a signer in addition to the principal signer (to verify the authenticity of the principal signature or to provide surety)
- cosigner
- Another person who signs for a loan and assumes equal liability for it
- cosigner
- Another person who signs for a loan and assumes equal liability for it Credit The promise to pay in the future in order to buy or borrow in the present The right to defer payment of debt
- cosigner
- Another person who signs your loan and assumes equal responsibility for it
- cosigner
- same as accommodation party
- cosigner
- A cosigner on a loan assumes responsibility for the loan if the borrower should fail to repay it
- cosigner
- Someone who signs a Note with the primary borrower for a loan Although the cosigner does not own the property along with the primary borrower, they share equal responsibility for loan payments and are required to repay the loan if the primary borrower does not WHEDA does not allow cosigners for mortgage loans
- cosigner
- A credit-worthy person, other than the borrower, who agrees to repay the debt if the borrower fails to do so
- cosigner
- a signer in addition to the principal signer (to verify the authenticity of the principal signature or to provide surety)
- cosigner
- A term referring to a person, other than the principle borrower, who signs for a loan The cosigner(s) assumes equal liability for the loan
Related Terms
co-signer
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co-sign·erPronunciation
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