investment guarantor loan!?

Any general questions you might have in regards to loans and finance.
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boon
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Joined: Wed Jun 24, 2009 1:34 pm

investment guarantor loan!?

Post by boon »

Can I buy an investment property with a guarantor loan?
And thanks for the info about guarantor loans on your website, it was really helpful!

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Otto Dargan
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Location: Sydney, Australia
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Re: investment guarantor loan!?

Post by Otto Dargan »

Yes you can use a limited gurantee from a family member to help you buy an investment. The exact rules that lenders have for this situation vary significantly. Some do not allow people to buy investments, others will allow investment but only if your asset position is good and others will allow you to buy an investment before you have even purchased your first home.
Otto Dargan
Mortgage Broker
P | 1300 889 743
Home Loan Experts

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