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FAMILY PLEDGE LOAN FINANCE
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Family pledge loans were designed to help first home buyers who have the income but not the level of savings or deposit that the lenders are now asking.
The idea of family pledge loans is for someone, normally a family member to go guarantor, by providing the added security in the form of property.
If the first home buyers do not earn sufficient income to service the loan most lenders will look very closely when making a decision to support the application.
To find out more about family pledge loans contact us today.
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