If I need to have a co-signer, can a lender or dealer require that it be my spouse?
- Listed: August 12, 2022 1:50 pm
- Expires: This ad has expired
Description
If I need to have a co-signer, can a lender or dealer require that it be my spouse?
No. If you do not individually qualify, the creditor such as a lender or dealer may request a co-signer, guarantor, endorser, or similar party.
Your spouse may function as this additional party. But a lender or dealer cannot require that it be your spouse.
321 total views, 2 today
Listing ID: 81562f65a9e6621f
- Listed by: Editor
- Member Since: July 24, 2018
Other items listed by Editor
- Is there any reason my mortgage payment would change over the life of my loan?
- Lifetime adjustment cap
- My lender or servicer advised me to stop making payments on my mortgage loan so I could qualify for a loan modification. What can I do?
- Can I use a reverse mortgage loan to buy a home?
- The seller told me I have to purchase title insurance from a particular company or they won’t sell me the house. Can they do this?