Can a guarantor jointly own a property?

Scooba (1 year ago)

If a guarantor jointly owns a property with someone else can they still be my guarantor?

FLM Loans (8 mths ago)

Yes, it's not a problem if you're guarantor is a joint homeowner, as long as their name is on the mortgage. We'll send loan statements to the guarantor and an initial letter confirming the loan. These are sent in FLM envelopes so we would always recommend that both homeowners are aware of the agreement.


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