Servicing Guarantor

Discussion in 'Loans & Mortgage Brokers' started by Willy, 2nd Jan, 2019.

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  1. Willy

    Willy Well-Known Member

    Joined:
    12th Sep, 2017
    Posts:
    113
    Location:
    NSW
    Just wondering in the current lending environment whether it's still possible to go servicing guarantor for someone who has no serviceability?

    Thanks

    Willy
     
  2. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

    Joined:
    18th Jun, 2015
    Posts:
    20,980
    Location:
    Remote
    Not unless you are married/defacto to them. It is possible for a company loan though.