Читать книгу Complete Home Buyer's Guide For Canada - Geraldine Santiago - Страница 24

Acquiring a co-signer or guarantor

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Buyers who do not have stellar credit rating may be able to getrelatives such as parents or grandparents to be guarantors or co-signers on the loan — they are legally guaranteeing the full loan payments. If the applicant were to miss a payment, the co-signer or guarantor would be responsible for it.

Complete Home Buyer's Guide For Canada

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