Can a cosigner be self-employed?

A suitable cosigner is someone who has a credit score of 750 or more and a strong history of paying their bills on time. Cosigners who own their own home (not tenants) are much more likely to be accepted.

The cosigner will have to pay the loan back if the borrower doesn't, so they must be able to afford the monthly payments and still have enough money to live their normal life.

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