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What’s the Difference Between a Guarantor and a Co-Signer?

Buying your dream home is something not all people have the means to do for many reasons. They could be in a financial state where getting approved for a mortgage is extremely difficult due to bad credit or having a low income. However, there are ways to get your mortgage approved with the help of a co-signer or guarantor. For the uninitiated, these two terms may seem confusing or unfamiliar. This guide will help you understand the difference between the two and which option would be more suitable for you.

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