An excellent co-signer was a person who believes to ensure your home loan By co-finalizing on your own loan, this individual agrees that they’ll afford the financial for those who default and are not able to do it. People with poor credit otherwise a lack of money in order to be eligible for home financing can sometimes look for a friend otherwise friend in order to attest to him or her. Your own co-signer try legally forced to afford the home loan or even.