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Glossary of Notary Public, Mortgage, Signing Agent, and Loan Signing Terms.

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Co-maker

Phonetics: co·mak·er    \(ˌ)kō-'mā-kər\

Definition 1:
A person who signs a promissory note along with the borrower. A co-maker's signature guarantees that the loan will be repaid, because the borrower and the co-maker are equally responsible for the payments.

Thesaurus / Related Terms
Note
Payment Letter to Borrowers