Our Guarantor Support option allows the guarantor to help you secure a loan
by mortgaging their own property as additional security for your home loan.
You can benefit from Guarantor Support by:
- Getting help to buy your first home, or enter the market as a property
investor using any of the Commonwealth Bank's home loan
options
- Borrowing more funds than you may have been eligible for without guarantor
assistance
- Leveraging the equity in additional property to help you get into your
first home.
- Reducing the expense of borrowing funds by removing the need to take out
Lender's Mortgage Insurance.
-
Important Information:
You can use Guarantor Support to apply for any type of loan we offer,
except for Low Doc, "off the plan" and Equity Unlock Loan for Seniors.
Applications for finance are subject to the Bank's normal credit approval. Full
terms and conditions are included in the Loan Offer. Fees and charges are
payable.