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Difference b/w Co-Signer & Co-App Borrower

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Question: 
What are the differences between a co-signer and a co-applicant/borrower?
Answer: 

A co-signer is someone who is signing on the loan obligation without receiving benefit from or use of the loan proceeds.

First published on BankersOnline.com 6/24/13

First published on 06/24/2013

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