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Saving for a deposit can be difficult but there is a solution that could get you over the line sooner - that's having a ‘guarantor’. Our brokers explain how a guarantor can help you purchase your first home. Hear from our brokers: Mortgage Choice Revesby - Michael Saliba Leanne Johnstone - Mortgage Choice Lea Abdo from Mortgage Choice Gladesville Jason Lin from Mortgage Choice in Surry Hills Ryan Ewart from Mortgage Choice - Finance & Property Group | Mortgage Choice
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There's a key difference between being a guarantor and a surety. As a guarantor, the lender first has to go after the borrower's property. A surety, however, can be directly billed by the lender if the borrower defaults. #Guarantor #Surety #Loans #Finance #Debt | Atty. Alman-Najar Namla
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