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  1. K

    Any drawback on guarantor's loan?

    Do you mean put the new loan at Bank B on joint name? Is that ok if the current loan with Bank A is single name?
  2. K

    Any drawback on guarantor's loan?

    How severely does it affect serviceability?
  3. K

    Any drawback on guarantor's loan?

    I am in the middle of a restructure. There are loans in single name that require mutual guarantor (i.e. I am guarantor on my wife's loan and vice versa because the 2 securities are in single name). I am wondering if there are any drawback on such setup other than needing to get solicitor and...
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