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#376283 - 06/22/05 07:59 PM Co-borrower's Signatures
Ginlyn, CRCM Offline
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Ginlyn, CRCM
Joined: Nov 2003
Posts: 300
Oklahoma
Need an answer on a RESPA loan. Are co-borrowers required to sign preliminaries e.g. "Affiliated Business Arrangement Disclosure Statement", "Disclosure of Right to Receive a Copy of an Appraisal", "GFE", or "Servicing Disclosure Statement"? The co-borrowers do not have an interest in the mortgaged property; however, they are needed because of their good credit (parents of one of the borrowers).

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#376284 - 06/22/05 08:05 PM Re: Co-borrower's Signatures
someone else Offline
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someone else
Joined: Aug 2004
Posts: 3,300
back to my roots
You mean co-signers...
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#376285 - 06/22/05 08:07 PM Re: Co-borrower's Signatures
Ginlyn, CRCM Offline
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Ginlyn, CRCM
Joined: Nov 2003
Posts: 300
Oklahoma
Yes. Co-signers on the note.

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#376286 - 06/22/05 09:59 PM Re: Co-borrower's Signatures
corkygirl Offline
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Posts: 4,241
middle of the country
I would have the co-signer sign every document that relates to the credit transaction he/she is agreeing to co-sign for. I might not have a co-signer sign any disclosure relating to the collateral. Just my opinion, for what it's worth.
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