Buy now. With a little help from family.
Enter the property market years sooner with a guarantor loan. No deposit? No LMI? No problem.
How "The Bank of Mum & Dad" works.
You service the loan
You (the child) are 100% responsible for the monthly repayments. You prove your income can handle the debt.
They secure the deposit
Your parents use a small portion of their home's equity to guarantee the 20% deposit. No cash changes hands.
You save thousands
Because you now have a "20% deposit" via equity, you pay ZERO Lenders Mortgage Insurance — saving up to $30k.
Safety mechanisms for parents.
We know parents worry about their own home. That's why we structure loans with specific protections.
Limited guarantee
Parents only guarantee the 20% deposit gap — not the whole loan. Their liability is capped at that specific amount.
Standalone security
We keep the properties on separate titles where possible, ensuring clarity on which bank holds which security.
The exit strategy
This is not a life sentence. We plan the "release" of the guarantor from day one.
The exit strategy.
Our goal is to remove the guarantor as soon as possible. Once your property grows in value and you pay down some debt (usually 3–5 years), we refinance the loan to stand on its own. We aim to release Mum & Dad by 2029–2031.
Discuss a family pledge