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HELOC - Who Signs the Note?

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Question: 
We are funding a HELOC to a husband and wife with the mother-in-law cosigning, but the wife is the only person on the title. Who should sign the note?
Answer: 

Each actual applicant for the loan based on the intent to apply for the loan obtained at application and the co-signer.

First published on BankersOnline.com 10/09/06

First published on 10/09/2006

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