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The lender usually provides a form that the borrower completes with their financial information and specifies you as the co-signer to remove. Consider Consolidation and Refinance Options. The ...
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A co-borrower, also referred to as a co-applicant or co-requestor, is an additional person on a mortgage. In a co-borrowing situation, both borrowers complete an application, and the mortgage ...
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A co-signer takes on all the rights and responsibilities of a loan along with the borrower. This means that if the borrower can’t make a payment on the loan, the co-signer is responsible.
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Asking for a co-signer release is typically a strategy for co-borrowers of private student loans. If you accommodate the request, you'll be putting your cash, credit score and perhaps future ...
Suppose you have a $300,000 fixed-rate mortgage at 7.79% and can refinance to a 6.49% loan. That rate reduction could cut your monthly payment by about $260, saving nearly $95,000 in interest over ...