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Buyers Putting Their Trust in Friends and Family
Buyers Putting Their Trust in Friends and Family | Lending Central | Your Mortgage News
Quote:
The rise of co-ownership and joint-borrowing.
Faced with stricter lending criteria yet keen to take advantage of positive property market factors such as low interest rates and increased government incentives, Australia’s potential buyers are increasingly looking for ways to secure finance approval sooner.
However, many are unaware of their ability to co-borrow with someone other than a romantic partner or the possibility of using a guarantor to secure their home loan.
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Sim'
This is a general comment only and does not constitute advice. Before making financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
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