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GUARANTOR

Finding the property market a tough nut to crackYou may be just shy of the 20% deposit mark or your lender might want to explore security for the loan through a guarantor arrangement.  

Your guarantor is usually a family member who uses their property as security for part of your mortgageA guaranteed loan is seen as low risk, which means a better rate for you. Once you’ve paid off the guaranteed portion, you can remove the guaranteed property.  

We can help you arrange a guarantor home loan, so you can get a foot in the property market sooner.

Want your loan to be approved faster? These are our top tips.
  • Have up to 20% of the property value plus settlement costs in your savings account for at least 3 months.
  • Provide detailed statements as proof of living expenses for the most recent 3 months.
  • Submit all requested documentation as soon as possible. 
  • Ensure all previous and current debts/liabilities are being/have been paid on time. 
  • If self-employed, have 2 most recent payslips OR 2 years of financials on hand. 
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