Can I go guarantor for my children's loan application?
As a parent you may wish to assist with strengthening your child’s application by acting as a guarantor on their home loan. That is using the equity built up in your home as extra security against their loan. While this is great for young borrowers, it may be risky for parents so it’s important to consider all your options.
To help you find the right loan and lender for your child’s situation, an Aussie Broker can compare thousands of loans from over 20 leading lenders and negotiate great rates on their behalf.
It's easy to get started, just request your free appointment with an expert Aussie Broker.