Search found 3 matches

by
Mon Jan 28, 2019 6:16 pm
Forum: Home Loan Forum
Topic: Do I need to prove my savings to get a guarantor loan?
Replies: 5
Views: 6192

Re: Do I need to prove my savings to get a guarantor loan?

One final question. What are the risks associated with being a guarantor?
by
Fri Jan 25, 2019 6:08 pm
Forum: Home Loan Forum
Topic: Do I need to prove my savings to get a guarantor loan?
Replies: 5
Views: 6192

Re: Do I need to prove my savings to get a guarantor loan?

That sounds great. I would also like to consolidate all my personal debt into the home loan. How do I qualify for a 105% guarantor loan?
by
Fri Jan 25, 2019 5:14 pm
Forum: Home Loan Forum
Topic: Do I need to prove my savings to get a guarantor loan?
Replies: 5
Views: 6192

Do I need to prove my savings to get a guarantor loan?

Hi, I’m a mechanical engineer with Boeing Australia. I have some credit card debt and a car loan that I’m currently paying off. I’ve been meaning to get my own place for some time now. I have a decent income but no real savings. My parents have agreed to be my guarantor. Do I still need to prove my savings to get a guarantor home loan?