This is a finance solution designed to help people enter the property market with little or no deposit.
There are also other situations such as matrimonial splits where a family guarantee can allow a borrower to retain the family home. Borrowers are able to purchase or refinance the property by relying on guarantors for security and/or servicing support. The guarantor should usually be a parent, parent in law or step parent, however lenders will look at each case individually.
To make an appointment to speak with a Bernie Lewis Mortgage Broker, call 8300 8300 today.
Download a fact sheet to learn more about Family Guarantee loans
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Getting the right advice is so important, so give us a call on (08) 8300 8300 or contact us online to start your home loan journey with Bernie Lewis.