Parent Equity.

What is Parent Equity?

If you are looking to enter the property market but haven’t saved enough for a deposit, our Parent Equity option can help.

One of the biggest barriers you face when buying a house is saving for a deposit. With our Parent Equity option, a parent1 can “guarantee” part of your loan to alleviate the need for a deposit from you, usually around 20%of your total loan amount.

What does this mean for parents? It means that, by going guarantor with our Parent Equity option, parents can make buying a home more achievable for you.


Key features of Parent Equity:

Our Parent Equity option is especially useful if you’re a first home buyer, and can allow you to:

Borrow up to 100% of the purchase price of a property or of the combined land and building contract price when purchasing vacant land to build.2


Borrow up to an additional 10% of the purchase price to help with associated costs.

Avoid the additional expense of paying for Lenders Mortgage Insurance (LMI).


Have a look at this example.

parent equity

We always encourage family members to obtain independent legal and financial advice before they agree to give guarantees in relation to home loans with a Parent Equity option.

Got questions?

Have a chat with one of our experienced mobile lenders today. They can meet at your home, work or one of our branches. If you'd prefer they can chat with you over the phone.


Lending criteria apply to all loans, for full terms, conditions, fees and charges, please review our Financial Services Guide, Product Guide and Fees and Charges Guide. These guides are available at and will be provided at the time of acquiring the product or by contacting 13 25 85.

1 Includes parent(s), in-law(s) or step-parent(s).  

2 Subject to the property location and licensed valuation.

3 Example assumes the purchase price is the market value of a metropolitan residential property.

4 Plus interest and costs.

This information has been provided without taking into account your objectives, financial situation or needs. Before acting on this information, you should consider its appropriateness, having regard to your objectives, financial situation and needs. All loans are provided by Beyond Bank Australia Limited, 100 Waymouth Street, Adelaide, SA 5000 ABN 15 087 651 143 AFSL/Australian Credit Licence 237856. © 2019.


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