Best for
Where this fits.
- First-home buyers who have some deposit but not enough to avoid LMI
- Borrowers whose income is close but not quite enough for serviceability
- Families wanting to help a member buy while understanding the risks
Guarantor Loans
Use family equity to enter the market sooner
A guarantor can help you avoid LMI and access better terms - but we plan the release strategy from day one so it's not permanent.
- We plan the guarantor release from the very start
- We coordinate independent legal advice for both parties
- We compare lenders who offer family guarantee options
How it moves
What happens next.
- 1 Assess both pathways
We compare the guarantor option against the standalone pathway so you can see the difference.
- 2 Arrange legal advice
Both borrower and guarantor need independent legal advice. We help arrange this.
- 3 Compare guarantor lenders
Not all lenders offer family guarantees. We compare the ones that do and match their policy to your situation.
FAQ
Quick answers.
What exactly is the guarantor responsible for?
The guarantor is legally responsible for the guaranteed portion of the loan if you can't meet your repayments. This is real financial liability, not a formality.
How do I release the guarantor from my loan?
Typically through refinancing once you've built enough equity in the property - either through value growth or by paying down the loan. We plan this from the start so there's a clear timeline.
Does the guarantor need to have a mortgage-free property?
Not necessarily. Many lenders accept a guarantee from a property with an existing mortgage, as long as there's enough equity to cover the guarantee amount.
Can a friend be a guarantor?
Most lenders only accept family members as guarantors, typically parents. We'll check the specific lender policy for your situation.
Start enquiry
Tell us the scenario. We will map the next step.
One enquiry. Human direction. No duplicated paperwork before the fit is clear.
Start Enquiry