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Home loans can have a co-signer and frequently do. First time homebuyers in particular may need help getting a foothold in the competitive Southern California real estate market, so having a co-signer can help. A cosigner for a home loan is not the same as a co-borrower, or co-applicant. That means that cosigners typically don’t get the same benefits as coborrowers, but initially at least, they do often share the same responsibility. In some cases, where borrowers need a cosigner until they can establish solid payment history, and build a history of credit, the cosigner will only remain on the loan for a few years. Speak with a trusted SoCal mortgage broker to learn more about cosigners on home loans.