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Home Guarantee Schemes
Understanding Australia’s Home Guarantee Scheme: A Mortgage Broker’s Perspective
First Home Buyers - Family Pledge Guarantee
Saving the deposit for your first home can be difficult and take a number of years. One way to potentially get into your own home sooner is by having a family member act as a guarantor.
Many lenders allow parents or someone who is close to you, to use the equity in their property as security for your home in lieu of you saving the full deposit required. This person is known as a guarantor.