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Should I be a HELOC Co-Signer for a Relative or Friend?
If a borrower does not qualify for a HELOC on his own, he may still be approved for the home equity loan if he has a co-signer. A co-signer is a more creditworthy person who essentially vouches for the primary borrower. By co-signing for a HELOC loan, you are saying: “If the borrower does not [...] [...more]