You can apply for a home loan in a variety of roles, including co-owner, co-borrower, co-applicant, and co-signer. Before deciding in what capacity you will put your name on the home loan, it is critical that you understand the distinction between these terms. Each of these roles will have different legal and financial obligations in terms of home loan repayment, making it even more important to understand it thoroughly and make an informed decision. Here's what you should know about each of these home loan terms.