503-799-3711 • workshopteam@rate.com • The Workshop Team @ Rate

Cosigner

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A cosigner on a home mortgage is someone who agrees to be financially responsible for the loan if the primary borrower defaults on their payments. Cosigners are also known as non-occupant co-borrowers. See the entry under “Occupancy”.


Additional resources

In addition to our glossary, we have a library of downloadable PDFs that cover occupancy, how to handle gift funds, and other mortgage fundamentals.

Occupancy rules, 3 types of occupancy

Downloadable PDF

Occupancy

Gift Funds: Your Guide to Documentation, processing, underwriting

Downloadable PDF

Gift Fund
Documentation


Want to learn more about mortgage concepts? We have a ton of explainer videos on our YouTube channel.


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The Workshop Team are Employees of Rate, Inc.