Home Loans
Living in

Family Guarantee Loan

Get your first home sooner with the help of your family.


IMB’s Family Guarantee is a way for your family to help you get into your dream home sooner. A family guarantee allows your family to help you purchase a property without actually providing you with a cash gift or cash loan.

Benefits of a Family Guarantee Loan

Lower deposit required

Avoid or reduce lender's mortgage insurance costs

Choose from any of IMB’s home loans

You may be eligible for a lower interest rate, by lowering your loan-to-property value ratio

You can use a family guarantee to help get your home sooner

What is a Family Guarantee Loan and how could it help me?

A family guarantee allows your family to help you purchase a property without actually providing you with a cash gift or cash loan. Using a family guarantee you could apply for a home loan without a deposit and without paying the lender’s mortgage insurance costs.

For example, if you wanted to purchase a property worth $550k, you could have to save up to $110k to get a 20% deposit. Saving up for a deposit this big could take you years. Instead, your parents could provide a limited guarantee for the required amount against their existing property (or against a Term Deposit that they hold with IMB) so that you don’t have to pay lender’s mortgage insurance or save up for a deposit.

This all helps you get into your home much sooner and can save you money.

Am I eligible?

Who can be my guarantor?

How does it Work?

How to get your first home

Talk to us

Speak with one of our home loan specialists to find out if this might be suitable for you and your family. Click here to make an appointment.

Apply for a home loan

We'll assist you with applying for your first home loan. If you're eligible, you will receive a conditional approval and know how much you can borrow.

Buy your first home

Buy your first home with confidence, knowing your loan is conditionally approved and how much you can spend.

Need support?

Contact us

Get in touch with one of our Australia-based team.

Locate us

Our friendly branch staff are looking forward to helping you achieve your financial goals.

Got a question on Family Guarantee Loan?

What is a Family Guarantee Term Deposit?

How do I get more information or apply for a Family Guarantee Home Loan with IMB?

What type of IMB home loans can have a Family Guarantee?

Can I access the Family Guarantee Home Loan if my family’s property already has a mortgage on it?

What type of security can be used for the guarantee provided to support the Family Guarantee Home Loan?

When can the Family Guarantee be released?

Is there a risk to the family guarantor?

Who can provide a Family Guarantee?

How does a Family Guarantee help us save money?

What is a Family Guarantee on a Home Loan?

How We Can Help

We've been supporting our members for over 140 years

Chat with us online, on a phone, video call or in person.

Empowering our users with streamlined digital banking solutions.

Disaster relief support and help through financial stress.

About IMB

Your security, our priority

Security is a fundamental right for our customers, and we hold it as one of our core values.

why us

IMB Bank is one of the most enduring financial institutions in the country, helping people achieve their financial goals for over 140 years.

Find out more

Important Information

Information current as at date of appearance and subject to change. Lending criteria, terms and conditions, fees and charges apply. Minimum total loan exposure $75,000.

You should consider the relevant Terms and Conditions or Product Disclosure Statement before deciding whether to acquire any IMB products or facilities. Target Market Determinations available here.