Family guarantees

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Duration: 7 minutes

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CPD Points: 0.12

Course Description

 In this course, you will learn about how family guarantee loans use the equity in a family member’s (typically parent’s) property as security to help another family member (usually their kids) purchase a home. Family guarantees are particularly useful for first-time buyers who do not have enough of a deposit on their own to purchase their first home. 

Course Requirements

This course is particularly useful for roles working with first-home owners and processing loan submissions.

What you will learn in this course.

Family guarantees

Duration

Disclaimer: This training course was prepared by Loan Market Group Pty Limited. It was prepared based on the information available as at 28th November 2023. References to third parties in the training course are not indication of endorsement or approval of those third parties. The training course is for education and personal development purposes, and is not professional advice. While Loan Market Group has used reasonable efforts to ensure that this training course is accurate and up to date, to the extent permitted by law, we make no warranty or representation as to its accuracy, currency or completeness. Before relying on any information discussed in this training course, you must independently verify the currency and accuracy of the information and its relevance.

Family guarantees