Australian home buyers can use parents as guarantors, get gifted money or loaned equity, or tap home guarantee schemes to build a deposit. Talk to a broker or bank about deposit grants and genuine savings requirements.
Another option is that parents can go as guarantors, where they can put up their own property as some security on this. Now, it's not necessarily the best way to do it, but it is definitely a way to be able to do it. Or you can do a gift to your child to go into that deposit or loan out some equity. There's multiple different ways to do that. But the reality of the matter is there are options that you can actually go in and do this. But hey, Given that the response was pig's ass, then you sit there and you go, okay, well, how can I go and do this off my own 2 feet? And the reality of the matter is there's so much help out there now. A home guarantee scheme, you pick up the phone, call a broker, call a bank, and to get clear on your deposit grants that you need so you can put together some genuine savings on this.
