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These people are not high risk borrowers, they just have different priorities!Talk to us to find out which lenders do not require genuine savings.With this type of guarantee the guarantor uses real estate that they own as additional security for your loan.
We can assist you to buy one investment property however buying multiple investment properties is not normally accepted.Many people wishing to buy a home have significant consumer debts such as credit cards and personal loans.If you are in this situation then generally you will be able to consolidate debts as well as purchase a property as long as your total debts are no more than 5% – 10% of the purchase price.Unfortunately these loan types are no longer available.With some lenders today the maximum that you can borrow now is 105% of the purchase price and 110% if you have debts to consolidate.
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We know which lenders are less conservative when assessing their guarantor loans.