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Security guarantees

More options to help you secure the home you want

ANZ Security Guarantee

Get a head start in property

With an ANZ Security Guarantee, a family member could help you to get into your home faster. 

What you should know

  • An ANZ Security Guarantee could reduce your LVR to less than 80% and save you from having to pay LMI. For example, on a loan of $400,000, reducing the LVR from 90% to below 80% could help avoid LMI or around $8,000.disclaimer
  • It could help you maximise the amount you can borrow for your property.
  • The guarantee doesn't have to be for the whole amount of the loan. It can be limited to an amount that's just enough to reduce the LVR to below 80%.

How does an ANZ Security Guarantee work?

If you need to borrow more than 80% of the amount your property is valued at by ANZ, you'll generally need to pay Lenders Mortgage Insurance (LMI). An ANZ Security Guarantee allows a guarantor (a family member who meets ANZ's requirements) to use the equity in their own home as additional security for your loan. This means that it could be used to reduce your Loan to Value Ratio (LVR) to below 80%, so you may be able to buy a property sooner and avoid paying LMI. 

  • Choose from our home and residential investment loans 
  • The guarantor must meet ANZ's requirements and must understand and be willing to accept their obligation as a guarantor
  • Guarantors are generally someone in your family like your parents

Before you decide on an ANZ Security Guarantee, consider that:

It is important to remember that the decision to use an ANZ Security Guarantee should not be taken lightly. If for some reason you are unable to repay your loan, the responsibility is passed to your guarantor. Because of this, it's important that guarantors have enough time to carefully consider their obligations as a guarantor before entering into a guarantee with ANZ. Once the loan is approved, and the Guarantor has been provided with the guarantee documents, ANZ will ensure that the guarantor has at least three days to carefully review these documents and make their decision. ANZ strongly recommends that guarantors seek independent legal and financial advice before signing a guarantee.

Contact us to find out more about an ANZ Security Guarantee.

Important information

The information on this page does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you and read the relevant terms and conditions, Product Disclosure Statement and the ANZ Financial Services Guide (PDF) before acquiring any product. 

Applications for credit subject to approval. Terms and conditions available on application. Fees and charges apply. Australian credit licence number 234527.

The Lenders Mortgage Insurance (LMI) premium payable is estimated at approximately $8,000 based on a $400,000 owner occupier loan with a Loan to Value Ratio (LVR) of 90% (92% including capitalisation of LMI). The LMI premium will vary based on the LVR.

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