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COMMERCIAL LOAN APPLICATION CREDIT REQUESTED Amount Requested Term of Credit Requested Market Survey Loan Type Credit Request Purpose of Credit Request App # Applicant Only Joint With Co-Applicant(s).

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LPROPRODCFILPLCCTXCOAP Questions & Answers

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A co-applicant is someone who applies for the loan with you and is equally responsible for paying back the full loan amount. Co-applicants are often also known as co-borrowers, and they can usually be added onto your personal loan application form.

Joint Applicant means the secondary Cardholder. Joint Applicant means, with respect to any Letter of Credit, a Subsidiary of the Company which together with the Company signs a Letter of Credit Application.

Also known as a co-borrower on a mortgage or loan application, a co-applicant is a person who applies for a loan with you as someone who's equally responsible. Most commonly, spouses or domestic partners are co-borrowers since they'll typically want equal stake in the ownership of the property.

Co-applicant versus joint applicant A co-applicant is an individual who applies for a loan with one other person. They are jointly responsible for the loan, and both have to meet the qualifications. A joint applicant is an individual who applies for a loan with more than one other person.

A co-applicant is someone who applies for the loan with you and is equally responsible for paying back the full loan amount. Co-applicants are often also known as co-borrowers, and they can usually be added onto your personal loan application form.

Having a co-applicant can make an application more attractive since it involves additional sources of income, credit, or assets. A co-applicant has more rights and responsibilities than a co-signer or guarantor.

How does being a co-signer affect my credit score? Being a co-signer itself does not affect your credit score. Your score may, however, be negatively affected if the main account holder misses payments.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232