Legal Question in Real Estate Law in Washington
application cosigner
If a cosinger is required to approve and application, does the person have to be a direct family member or realative? Or can anyone with good credit that is willing to take that responsibility cosign?
Asked on 2/17/08, 11:51 am
1 Answer from Attorneys
James Vasquez
In Pacta, PLLC
Re: application cosigner
It depends upon the requirements of the lender. Usually speaking, however, a co-signer does not have to be a family member, just someone who is willing to put their credit and financial stability on the line for you on your promise that you will not default on the loan.
Answered on 2/19/08, 11:35 am