co-mortgagor
- A person who shares the responsibility to repay a mortgage loan and owns part of the property with one or more other borrowers
- The couple decided to become co-mortgagors to split the financial burden of their new home.
- As a co-mortgagor, Sarah was equally liable for the repayment of the mortgage loan.
- When John's brother couldn't manage the mortgage by himself, John stepped in as a co-mortgagor.
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