Guarantor Home Loans
Are you struggling to raise a big enough deposit or do not earn enough, you can use a guarantor to accept some or all of the liability. Guarantors may include parents, siblings, grandparents, and extended family members. Having a guarantor will give you access to a wide range of mortgage options.
Benefits of a Guarantor Home Loan:
- You don’t need to pay deposit
- You don’t need to pay LMI premium
- You get discounted interest rates
How you can apply for a guarantor home loan?
To get a guarantor home loan, you’ll need to:
- Find a guarantor (this could be a parent, sibling, grandparent, or any extended family member)
- Make an offer on a property
- Talk to a Quick2Lend Finance specialists
- Choose the right deal and apply for a guarantor home loan