Thread Starter: Kathleen O. Blanchard
Title: Re: Only using a relative as a co-signer
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As long as there is adequate consideration, I see no reason to limit to immediate family. A very close friend can have the same interest in helping (the consideration) as a family member.
I don't like to see too many restrictions on this because so many banks do still try to "require" the spouse by hook or by crook. I had someone recently tell me that the way to do that is to just reject everyone proposed until the spouse is offered. 
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