Guarantor Loan

NAB Guarantor Home Loan Withdrawn

personOtto Dargan access_timeJune 2, 2020

Effective from 25 May 2020, NAB will not accept parents as guarantors on their home loans or investment loans. NAB will not be able to do no deposit home loans for first home buyers who want to use their parents on their home loan. It updated their guarantor lending policy to...

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The Truth About Being A Home Loan Guarantor

personOtto Dargan access_timeJanuary 1, 2017

If you’re a mum or dad, chances are that you’re watching property prices going up across the country and worrying a lot about your kids buying a home of their own one day. You may have thought about helping your child out by acting as a guarantor on their home loan but you’ve...

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6 Ways To Borrow With No Deposit

personOtto Dargan access_timeApril 28, 2015

Want to buy your own home but don’t have a deposit? Don’t worry, you may still qualify for a home loan. Here are 6 ways you can do it: Guarantor loan: With a guarantor home loan, your parents agree to sign an agreement that the lender can sell your parents’ house to regain...

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5 Reasons Why Guarantor Loans Are Amazing

personOtto Dargan access_timeApril 28, 2015

Do you want to buy your own home but don’t have a deposit? Simply get a guarantor loan with the help of your parents and avoid the deposit requirement completely. With your parents using their property as security for your mortgage: You won’t need a deposit: You don’t...

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How Do Guarantor Loans Work?

personOtto Dargan access_timeJune 3, 2014

Can You Get A Home Loan Without Any Savings? Yes! You can buy your dream home without any savings by applying for a guarantor loan! A guarantor loan allows you to: Borrow up to 105% of the property price. Buy without a deposit. Consolidate minor debts into your home loan. Avoid...

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