Are You Applying With A Co-Applicant?
A "Co-Applicant" is an additional applicant. The "Co" indicates multiple applicants on the same mortgage. Not to be confused with a "Co-Signer," a person added to a mortgage but not necessarily living in the home.
Purchases include existing homes and new construction.
Renewals refer to an existing mortgage that is maturing.
Refinancing is replacing the current mortgage with a new one.
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