Saving for a home is hard work, but don’t let it stand between you and your ability to break into the property market. The good news is that, if you meet the criteria, you can get a low or no deposit home loan. In this blog, we’ll talk you through everything you need to know about no deposit home loans.Continue reading
By Shane | Uncategorized
A third-party to a home loan is called a guarantor, which helps you get a loan by offering additional security support. Generally, guarantors are limited to spouses or immediate family members. A home loan guarantor can be your helping hand to buying your dream home. Many lenders will allow you to obtain a home loan given that your spouse or family member will help you buy by providing additional security support.Continue reading
By Shane | Uncategorized
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