All Topics / Help Needed! / Personal guarantees

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  • charliefaddoul
    Participant
    @charliefaddoul
    Join Date: 2022
    Post Count: 0
    March 14, 2023 - 2:07 pm

    Hi everyone,

    I was just wondering if anyone knows any banks that do not require a directors guarantee for a property that is positively geared.

    If someone could please name these banks (Steve says some banks offer this) and the requirements for lending, could you please let me know as I have the 20% deposit required but preferably do not want to be personally liable in any way.

     

    Thanks for reading!

    Charlie

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    March 15, 2023 - 4:50 pm

    There are none in Australia as far as I know

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 2 posts - 1 through 2 (of 2 total)

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