Bank of Mum and Dad myths BUSTED! Too many people believe the wrong thing!

Guarantor home loans are one of the most misunderstood strategies when it comes to buying property in Australia. Many people believe going guarantor means they can’t sell their home, must have no mortgage, or are locked in for 30 years. The reality is very different. In this video, Jun from MADD Loans breaks down some of the biggest guarantor loan myths and explains how family guarantees actually work with Australian lenders. You’ll learn: • Whether a guarantor can sell their property • If you can still go guarantor with a mortgage • Whether pensioners can act as guarantors • How long guarantor loans usually last • If savings or cash can be used instead of property • Whether guarantor loans have higher interest rates • How guarantors can be removed once equity increases Guarantor loans can be a powerful strategy to help family members buy property sooner without needing a full 20% deposit. Understanding how the process works can make a big difference when planning your next move. If you're considering using a guarantor, or helping a family member purchase their first property, this video will help clarify what’s possible For more information visit https://www.madd.com.au/ DISCLAIMER: These videos are NOT personal advice; these are general information videos and should not be taken as advice for your personal situation. If you want personal advice, you should speak to a qualified financial planner about your personal situation. For home loan enquiries: https://www.madd.com.au/contact/ For financial planning enquiries: https://www.madd.com.au/madd-life-con... Get in touch with George here: https://www.georgesamios.com/ Madd Loans Brisbane Mortgage Broker 12 The Corso, Seven Hills, QLD 4170 07 3899 0009 save@madd.com.au Not all Mortgage Brokers and Financial Planners are the same. At Madd, we focus on the journey not just the destination, giving our customers a Madd experience every time. We stand out as one of Australia’s leading mortgage brokerages because we prioritise educating and mentoring our clients on effective strategies to reach their version of financial freedom. Navigating home loans whether you are investing, buying your first home or refinancing, can be daunting. Skip the stress and complexity of dealing directly with lenders by partnering with a Madd Mortgage Broker.