Buying your first home, upgrading to a new property, or stepping into property investment, can feel overwhelming, especially when saving for a deposit and trying to navigate strict lending criteria. A guarantor home loan can be the key to unlocking opportunities that might otherwise feel out of reach.
At Fox Home Loans, we are your trusted mortgage brokers on the Sunshine Coast who specialise in helping everyday Australians secure property with a guarantor. By allowing a close family member to act as your home loan guarantor, you can unlock better lending options, reduce or remove the need for Lenders Mortgage Insurance (LMI), and fast-track your path to home ownership.
We take the time to understand your home loan goals and guide both you and your guarantor through every step of the process, ensuring the structure of your loan is clear, compliant, and works in everyone’s best interests.
A guarantor home loan allows a close family member, usually a parent, to use a portion of their own property’s equity as security for your new loan. This means the home loan guarantor agrees to back part of your loan amount, helping secure finance without needing a large deposit.
Essentially, your guarantor provides extra confidence to the lender by guaranteeing a portion of the loan, not the entire amount, making it easier for you to enter the property market sooner and often on better terms.
Once you’ve built enough equity in your property, the guarantee can be released, leaving the home solely in your name.
At Fox Home Loans, we make securing a guarantor home loan simple, transparent, and stress-free. Whether you’re buying your first home, upgrading your property, or securing an investment property, we’re here to ensure the process runs smoothly from start to settlement.
Speak with one of our dedicated mortgage brokers today for a confidential, no-obligation chat. We’ll explain how a guarantor home loan could work for your situation and help you move forward with confidence.
Home loan pre-approval is a process by which a lender reviews your financial and credit history to determine how much money they would be willing to lend you for a home purchase. Pre-approval is not a guarantee that you will receive a loan, but it does provide an indication of how much you can borrow and the terms of the loan.
To obtain pre-approval, you typically need to provide the lender with information about your income, assets, and debts, as well as your credit score. The lender will use this information to assess your creditworthiness and calculate how much they are willing to lend you.
The pre-approval process typically takes a few days to a week, depending on the lender and the complexity of your financial situation. Once you receive pre-approval, you can start shopping for homes with the confidence of knowing how much you can afford to borrow.
Enquire for Pre ApprovalA first home buyer loan is a type of home loan specifically designed for individuals who are purchasing their first home. These loans typically have features that are intended to help first-time buyers enter the property market, such as lower deposit requirements, reduced or waived fees, and government incentives.
It’s important to do your research and compare the features and costs of different loans to find the one that best suits your individual needs and financial situation. Or leave it to the experts at Fox Home Loans. We’re here to help first home buyers navigate the complex road to owning their first home.
Enquire for your First Home LoanHome loan refinance is the process of replacing an existing home loan with a new loan from a different lender or with a different loan product from the same lender. The primary purpose of refinancing a home loan is usually to obtain a better interest rate or to access different loan features or benefits.
When you refinance a home loan, you essentially pay off the existing loan with a new loan, and the terms and conditions of the new loan may differ from those of the old loan. For example, you may be able to obtain a lower interest rate, switch from a variable rate to a fixed rate or vice versa, or access features such as offset accounts or redraw facilities.
Refinance your Home LoanBefore you start the process of switching home loans, it’s important to consider why you want to make the switch. Do you want to lower your interest rate, access different loan features, or consolidate debt? Understanding your reasons for switching can help you choose the right loan product and lender.
It’s important to note that switching home loans can be a complex process, and it may be helpful to seek advice from a mortgage broker like Fox Home Loans to ensure that you are making the right decision for your individual circumstances.
Switch Home LoansAn investment property loan is a type of home loan designed specifically for individuals who are looking to purchase a property for investment purposes rather than to live in themselves. These loans are typically used to purchase a property that will be rented out, with the rental income used to help repay the loan.
It’s important to carefully consider the costs and risks associated with investing in property and to do your research to find the right investment property loan for your needs. A financial advisor or mortgage broker may be able to provide guidance and advice to help you make informed decisions about your investment strategy.
Enquire for an Investment Property LoanA renovation home loan, also known as a home renovation loan or a home improvement loan, is a type of home loan that is specifically designed for borrowers who want to renovate or improve their existing home. These loans can provide funding to cover the cost of renovations or improvements, which can be a more affordable way to upgrade a home than selling and buying a new property.
If you are considering a renovation home loan, it’s important to have a clear understanding of your renovation plans and budget, and to work with a reputable lender or mortgage broker who can help you find the right loan product for your needs.
Enquire for a Renovation Loan
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Enter some basic details in our simple online form.
Discuss your loan preferences and application information.
Your Lending Specialist will discuss all details of your pre-approval.
With our technology, you can simply sign your loan documents electronically.
Your loan funds will be processed when settlement is finalised. It's that simple!
Enter some basic details in our simple online form.
Discuss your loan preferences and application information.
Your Lending Specialist will discuss all details of your pre-approval.
With our technology, you can simply sign your loan documents electronically.
Your loan funds will be processed when settlement is finalised. It's that simple!
Enter some basic details in our simple online form.
Discuss your loan preferences and application information.
Your Lending Specialist will discuss all details of your pre-approval.
With our technology, you can simply sign your loan documents electronically.
Your loan funds will be processed when settlement is finalised. It's that simple!
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A guarantor home loan lets a close family member use their property equity to back part of your loan. This reduces your deposit requirements and helps you access better lending options. The guarantee can be released once you’ve built enough equity, leaving the home solely in your name.
Typically, a parent or immediate family member can act as a home loan guarantor. They use a portion of their property’s equity as security, giving lenders extra confidence to approve your loan.
With a guarantor, you can buy sooner with less savings, potentially avoid Lenders Mortgage Insurance (LMI), access better loan terms, and fast-track building your property portfolio.
Yes. Whether you’re buying your first home, upgrading, or investing, a guarantor home loan can reduce deposit requirements and improve your borrowing options, making property ownership more achievable.
A guarantor can be released once you’ve built enough equity (usually 20% or more) in your property or your financial situation improves. Our team will be able to guide you through this process for a smooth transition.
