Borrowers’ Signatures on Notes
An individual whose credit is used in qualifying for the loan must sign the note.
- An individual whose credit was not used in qualifying for the loan, but who does have an ownership interest in the property must be named in and sign the security instrument, but is not required to sign the note.
- An individual who is a co-signer or guarantor and who does not have an ownership interest in the property must sign the note, but is not named in (or required to sign) the security instrument.
For more information, see B8-3-03, Signature Requirements for Notes.