diff --git a/pandas/io/common.py b/pandas/io/common.py
index 15a8f2e114041..fdee1600c2a32 100644
--- a/pandas/io/common.py
+++ b/pandas/io/common.py
@@ -640,7 +640,7 @@ def get_handle(
         .. versionchanged:: 1.4.0 Zstandard support.
 
     memory_map : bool, default False
-        See parsers._parser_params for more information.
+        See parsers._parser_params for more information. Only used by read_csv.
     is_text : bool, default True
         Whether the type of the content passed to the file/buffer is string or
         bytes. This is not the same as `"b" not in mode`. If a string content is
@@ -659,6 +659,8 @@ def get_handle(
     # Windows does not default to utf-8. Set to utf-8 for a consistent behavior
     encoding = encoding or "utf-8"
 
+    errors = errors or "strict"
+
     # read_csv does not know whether the buffer is opened in binary/text mode
     if _is_binary_mode(path_or_buf, mode) and "b" not in mode:
         mode += "b"
@@ -681,6 +683,7 @@ def get_handle(
     handles: list[BaseBuffer]
 
     # memory mapping needs to be the first step
+    # only used for read_csv
     handle, memory_map, handles = _maybe_memory_map(
         handle,
         memory_map,
@@ -1064,7 +1067,7 @@ def closed(self):
         return self.fp is None
 
 
-class _MMapWrapper(abc.Iterator):
+class _CSVMMapWrapper(abc.Iterator):
     """
     Wrapper for the Python's mmap class so that it can be properly read in
     by Python's csv.reader class.
@@ -1079,7 +1082,7 @@ class _MMapWrapper(abc.Iterator):
 
     def __init__(
         self,
-        f: IO,
+        f: ReadBuffer[bytes],
         encoding: str = "utf-8",
         errors: str = "strict",
         decode: bool = True,
@@ -1089,11 +1092,13 @@ def __init__(
         self.decoder = codecs.getincrementaldecoder(encoding)(errors=errors)
         self.decode = decode
 
+        # needed for compression libraries and TextIOWrapper
         self.attributes = {}
         for attribute in ("seekable", "readable"):
             if not hasattr(f, attribute):
                 continue
             self.attributes[attribute] = getattr(f, attribute)()
+
         self.mmap = mmap.mmap(f.fileno(), 0, access=mmap.ACCESS_READ)
 
     def __getattr__(self, name: str):
@@ -1101,7 +1106,7 @@ def __getattr__(self, name: str):
             return lambda: self.attributes[name]
         return getattr(self.mmap, name)
 
-    def __iter__(self) -> _MMapWrapper:
+    def __iter__(self) -> _CSVMMapWrapper:
         return self
 
     def read(self, size: int = -1) -> str | bytes:
@@ -1196,7 +1201,7 @@ def _maybe_memory_map(
     memory_map: bool,
     encoding: str,
     mode: str,
-    errors: str | None,
+    errors: str,
     decode: bool,
 ) -> tuple[str | BaseBuffer, bool, list[BaseBuffer]]:
     """Try to memory map file/buffer."""
@@ -1207,25 +1212,22 @@ def _maybe_memory_map(
 
     # need to open the file first
     if isinstance(handle, str):
-        if encoding and "b" not in mode:
-            # Encoding
-            handle = open(handle, mode, encoding=encoding, errors=errors, newline="")
-        else:
-            # Binary mode
-            handle = open(handle, mode)
+        handle = open(handle, "rb")
         handles.append(handle)
 
     # error: Argument 1 to "_MMapWrapper" has incompatible type "Union[IO[Any],
     # RawIOBase, BufferedIOBase, TextIOBase, mmap]"; expected "IO[Any]"
     try:
+        # open mmap, adds *-able, and convert to string
         wrapped = cast(
             BaseBuffer,
-            _MMapWrapper(handle, encoding, errors, decode),  # type: ignore[arg-type]
+            _CSVMMapWrapper(handle, encoding, errors, decode),  # type: ignore[arg-type]
         )
     finally:
         for handle in reversed(handles):
             # error: "BaseBuffer" has no attribute "close"
             handle.close()  # type: ignore[attr-defined]
+        handles = []
     handles.append(wrapped)
 
     return wrapped, memory_map, handles
diff --git a/pandas/tests/io/test_common.py b/pandas/tests/io/test_common.py
index ca6809470b2b1..22399917f2bf7 100644
--- a/pandas/tests/io/test_common.py
+++ b/pandas/tests/io/test_common.py
@@ -413,18 +413,18 @@ def test_constructor_bad_file(self, mmap_file):
             err = mmap.error
 
         with pytest.raises(err, match=msg):
-            icom._MMapWrapper(non_file)
+            icom._CSVMMapWrapper(non_file)
 
         with open(mmap_file) as target:
             pass
 
         msg = "I/O operation on closed file"
         with pytest.raises(ValueError, match=msg):
-            icom._MMapWrapper(target)
+            icom._CSVMMapWrapper(target)
 
     def test_get_attr(self, mmap_file):
         with open(mmap_file) as target:
-            wrapper = icom._MMapWrapper(target)
+            wrapper = icom._CSVMMapWrapper(target)
 
         attrs = dir(wrapper.mmap)
         attrs = [attr for attr in attrs if not attr.startswith("__")]
@@ -437,7 +437,7 @@ def test_get_attr(self, mmap_file):
 
     def test_next(self, mmap_file):
         with open(mmap_file) as target:
-            wrapper = icom._MMapWrapper(target)
+            wrapper = icom._CSVMMapWrapper(target)
             lines = target.readlines()
 
         for line in lines: