Guarantor Home Loans
Unlock your dream home with the support of a guarantor.
What are Guarantor Home Loans?
Guarantor home loans allow you to borrow money to buy a home even if you don't have a large enough deposit. A guarantor, typically a family member or close friend, agrees to be financially responsible for your loan repayments if you default.With a guarantor home loan, you can leverage a family member's equity to potentially borrow more and avoid costly Lenders Mortgage Insurance (LMI), making homeownership more accessible.
Benefits of Guarantor Home Loans in Australia
Lower Deposit Requirements: Borrow more with a smaller deposit, making homeownership more accessible.
Access to More Affordable Options: Expand your search to include a wider range of properties within your budget.
Build Your Credit History: Start building positive credit history sooner, paving the way for future financial success.
Who Qualifies for a Guarantor Home Loan in Australia?
Guarantor home loans are suitable for individuals who:
Are first home buyers in Australia.
Have limited savings for a deposit.
Have a stable income and a good credit history in Australia.
Have a willing and eligible guarantor who is an Australian resident.
How does it work?
Meet Eligibility Criteria:
We'll determine your eligibility and explore suitable guarantor options, simply contact us or call 0450890488 Our experienced mortgage brokers will walk you through the application process, making it smooth and stress-free.
Here's the game plan: .
Paperwork
We got this! Sit back and relax while we handle all the boring stuff, so you can focus on the fun parts (like picking out paint colors!).
Pre-approval power
Pre-approval power! You'll know exactly how much you can borrow, giving you the confidence to house hunt like a champ!
Found your dream home
Let's celebrate! We'll keep your application on track so you can focus on unpacking boxes (or maybe just getting a celebratory bubble bath).
Settlement day is here
You've made it! Sit back, relax, and let us handle the final steps. Get ready to pop the champagne - you're officially a homeowner!
Guarantor approval
Your guarantor will be assessed to ensure they meet the lender's requirements.
For a free consultation.
