We guide both you and your guarantor through the process with clarity, transparency, and care.
A family member who uses equity in their property to support your loan.
No — most guarantees are be limited to a specific portion of the loan.
Yes — once your property has increased in value and the loan has reduced, we can review the release of the guarantee.
This is perfectly fine, we would assess the position to remove them completely or swap the security.
Yes – it is very common that parents will want to support multiple children with the use of a guarantor loan.
We can get your new loan sorted, fill out the form or call us on the number below !
In the competitive 2026 property markets of Penrith, the Blue Mountains, and Western Sydney, the biggest hurdle for most first-time buyers isn't the mortgage repayments—it's the massive upfront deposit. As property prices evolve, saving that traditional 20% can feel like moving the goalposts while you’re trying to kick a goal.
At Lend Local Co, we specialise in guarantor home loans, a strategic solution that allows family members (usually parents) to use a portion of their own home equity as additional security for your loan. This "bridge" allows you to enter the market years ahead of schedule, often with little to no cash deposit of your own.
A guarantor loan doesn't require your parents to hand over a suitcase of cash. Instead, they provide a "limited guarantee" using the equity in their property.
For example, if you want to buy a $800,000 home in Richmond or Bathurst:
We understand that involving family in your finances is a big decision. At Lend Local Co, our "caring" approach means we prioritise safety for both the borrower and the guarantor.
A guarantor home loan isn't forever. We help you map out a clear "Exit Strategy" from day one. Once your property value increases or you’ve paid down the loan enough to reach 80% Loan-to-Value Ratio (LVR), we can apply to release the guarantor. This typically happens within 3 to 7 years, leaving your parents’ title clear and you as the sole owner of your home.
While this is a popular path for families in Glenbrook, Springwood, and Penrith, it requires careful planning. Most lenders look for:
"We don't just set up the loan; we facilitate the conversation. We ensure everyone—parents and children alike—understands the risks and the rewards, providing the expert-led guidance needed to make a family guarantee a success."
The value of a local broker is knowing how lenders view different postcodes. Whether your parents have a house in Lithgow or a lifestyle block in the Hawkesbury, we know which lenders are most "guarantor-friendly" for our specific region.
Let’s have an obligation-free chat with you and your potential guarantors to see if this is the right move for your future.
