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2. Should you add a co-borrower to your mortgage? - AOL

   www.aol.com/finance/add-co-borrower-mortgage...

   Co-borrower vs. co-signer. ... However, if you opt for a guarantor set-up, the guarantor is responsible for mortgage payments only if the primary borrower fails to pay.

3. Loan guarantee - Wikipedia

   en.wikipedia.org/wiki/Loan_guarantee

   Guarantor Mortgage: – generally, a parent or close family member will guarantee the mortgage debt and will cover the repayment obligations should the borrower default. Family offset mortgage: typically, a parent or grandparent will put their savings into an account linked to the borrower’s mortgage.

4. Co-signer rights & responsibilities: How co-signing works - AOL

   www.aol.com/finance/co-signer-rights...

   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.

5. What are guaranteed mortgage loans? - AOL

   www.aol.com/finance/guaranteed-mortgage-loans...

   The funds for guaranteed mortgages come from private-sector lenders, but the loan is backed by a guarantor, typically a government agency, that will pay out money to the lender if the borrower ...

6. Personal guarantee - Wikipedia

   en.wikipedia.org/wiki/Personal_guarantee

   A personal guarantee is a promise made by a person or an organization (the guarantor) to accept responsibility for some other party's debt (the debtor) if the debtor fails to pay it. In the case of a personal guarantee made by an individual on behalf of another, the person who makes the personal guarantee is usually referred to as a co-signer ...

7. Unsecured guarantor loan - Wikipedia

   en.wikipedia.org/wiki/Unsecured_guarantor_loan

   A guarantor is a person who agrees to repay the borrower’s debt should the borrower default on agreed repayments. The guarantor is often a family member or trusted friend who has a better credit history than the person taking out the loan and the arrangement is, therefore, viewed as less risky by the lender.

8. Should you cosign a loan for your child or a loved one? A ...

   www.aol.com/finance/pros-cons-cosigning-loan...

   Benefits of cosigning. Drawbacks of cosigning. You can help a loved one qualify for a loan. You assume full liability for payments and late fees if the main borrower falls behind or files bankruptcy

9. Guarantee - Wikipedia

   en.wikipedia.org/wiki/Guarantee

   In English law, a guarantee is a contract whereby the person (the guarantor) enters into an agreement to pay a debt, or effect the performance of some duty by a third person who is primarily liable for that payment or performance. The extent of the debt that the guarantor is liable to this debt is co-extensive to the obligation of the third ...