Finance
In Tennessee, a 'co-borrower' on a mortgage is:
AA guarantor who backs the loan but is not on the title
BA person who signs the note and is equally responsible for the debt, often appearing on the property title✓ Correct
CAn insurance provider for the loan
DThe seller who carries part of the financing
Explanation
A co-borrower signs the mortgage note and is equally responsible for repayment. Their income and credit are counted in qualifying. Co-borrowers typically appear on the property title.
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