A guarantor home loan allows first-home buyers in Australia to secure a mortgage with little or no deposit by using a family member's property as security. This helps borrowers avoid Lender's Mortgage Insurance (LMI) and speeds up the process of entering the property market. However, guarantors face financial risks if the borrower defaults, potentially putting […]| Eden Emerald Mortgages
Australians on fixed-term contracts can obtain a mortgage in Australia.There can be challenges due to perceived employment instability.To improve your chances of approval, demonstrate financial stability through a strong credit history, consistent income evidence, and a larger deposit.Speak to a mortgage broker who specialises in fixed-term contracts, and can assist you with securing your mortgage. […]| Eden Emerald Mortgages
Find out how long you need to be in a job to get a home loan in Australia and boost your chances of approval.| Eden Emerald Mortgages
