TransformCredit : Does my cosigner have to be a homeowner | Cosigner Loans FAQ

Does my cosigner have to be a homeowner?

No, your cosigner does not need to be a homeowner, however homeowner cosigners are more likely to be accepted.

A suitable cosigner is someone who has a credit score of more than 750 and a strong history of paying their bills on time. Of course they must be able to afford the monthly repayment if for any reason you don't make them.

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