Enter the property market with our Family Guarantee Home Loan
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We understand how hard it is to save a deposit for your first home. The cost of living and paying rent alone takes a massive chunk out of potential savings for many first home buyers each week. A growing trend is parents becoming a key support for their children entering the property market. Offering a 'part' guarantee for their children's house deposit, rather than providing a full guarantee against the whole home. A 'Family Guarantee Home Loan' does exactly that. It gives parents the ability to support their children financially, with minimal risk compared to historical full guarantees that we have previously seen. |
How it works
This particular type of loan provides many benefits to the borrower, including avoiding costly mortgage insurance and maximises the amount they can borrow (up to 95 per cent). Don't let the dream of owning your own home seem unrealistic. There are several options available and at South West Credit we can sit down with you to discuss what could work for you, or map out a plan to help you achieve your dream in the future. Want to find out more?Find out more about our Familiy Guarantee Home Loan here. |
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