What does Co-Signer mean?

This is a person who signs a promissory note or loan agreement along with the primary borrower, becoming jointly responsible for repaying the debt. A co-signer is also known as a co-maker.

Related Terms

Managed-Competition Lots Administrator's Deed Closing Agent Per-Diem Interest High Density Caravan Co-Housing Verification of Employment Loan Processing Fee Blanket Mortgage Cooperative Project Distressed Property Real Property Liabilities Commitment Installment Contract Commercial Property Open Space