Guarantor's

Any general questions you might have in regards to loans and finance.
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sasswa
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Joined: Sun Sep 20, 2009 11:03 pm

Guarantor's

Post by sasswa »

Looking at applying for a family guarantor loan - my question is: do the banks only accept a guarantor within Australia? I'm guessing yes but double-checking.

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Otto Dargan
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Re: Guarantor's

Post by Otto Dargan »

In some situation is may be possible to have a guarantor that is living overseas however the guarantor's property that they are offering as security must be in Australia. This is a very tricky one and is assessed on a case by case basis by our lenders. Please contact us for more information.
Otto Dargan
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P | 1300 889 743
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sasswa
Posts: 2
Joined: Sun Sep 20, 2009 11:03 pm

Re: Guarantor's

Post by sasswa »

Thanks for this.

They own a property in Australia but reside overseas.....

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Otto Dargan
Mortgage Specialist
Posts: 7730
Joined: Sat Sep 06, 2008 5:55 pm
Location: Sydney, Australia
Contact:

Re: Guarantor's

Post by Otto Dargan »

Yes it may be acceptable. It isn't simple so we would need you to provide the full details of your situation then we would check with several specialist guarantor loan lenders to find out which one can accept your situation. Please contact us or enquire online and we'll contact you to discuss.
Otto Dargan
Mortgage Broker
P | 1300 889 743
Home Loan Experts

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