
How To Borrow 100% With A Family Guarantor
By Shane | First Home Buyer , Guarantor
A family guarantor can help you if you’re not able to save up a deposit or wish to avoid paying Lender’s Mortgage Insurance (LMI). A guarantor is someone who assumes the responsibility of the paying off the loan if you’re no longer able to meet their financial commitment. Mostly, parents assist as their children in buying their own home as a family guarantor.Continue reading