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Family Pledge Home Loans in Australia
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By Chris S

Family Pledge home loans are also known as a loan with parent(s) as guarantor(s).

This is a term for a borrowing option that allows family members to provide a guarantee to assist a borrower. This is by either using equity in their own property as security for a loan, or by providing regular payment assistance to a borrower (or both).

(Article continues below)

HOME LOANS ADVERTISEMENT

The benefits of having a guarantor are as follows:

1. The borrower can avoid paying Lender

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