Send us a message

Guarantor Home Loans

A guarantor home loan allows a close family member or relative to use the equity they have in their home as additional security for your loan by providing a guarantee. This is extremely popular for first homebuyers who have been unable to save a sufficient deposit, or those without a 20% deposit who would like to avoid paying a large sum for lender’s mortgage insurance.

Once you have sufficient equity in your home the guarantee can be removed. The timeframe to achieve this varies depending upon the original deposit, the number of extra repayments made and how much your property has appreciated in value.