Is the co-signer and co-buyer the same thing on a bank application?

No. A co-signer is a person who guarantees the loan and a co-buyer is a person who has equal ownership and liability. An example is when a young married couple wants to buy a car but does not have...

Yes. Both assume the obligation in the contract or note.

No, they are not the same. The Applicant is the person applying for the loan. In the case of a Business Partner or being married in Community-Of-Property, the other person involved will be the...

No. The co-buyer has an ownership interest in the property. The co-signer does not and only guarantees the loan will be paid. The co-signer is equally responsible for paying off the loan if the...

It is my understanding that a co-borrower is a person who will also avail of the loan and shares the responsibility of repaying it, while a co-signer guarantees that the borrower(s) will repay the...