Security for brother

AnnaW

Registered User
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Will a bank accept as security the equity in a residential investment property which is owned by a brother of the borrower and on which two loans are already existing (representing approximately 20% of the value of the property ? and if so, what would need to be done by the owner brother /
 
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So the brother of the borrower is acting like a guarantor? The property has already two loans secured on it. I doubt that the bank would go along with this.
 
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