We’ve announced a Disaster Relief Package to help customers impacted by bushfires. Call 1800 143 075. For Home and Content Insurance claims, call 1300 652 334, 24/7. rams.com.au/disasterrelief
  • Home loan terms and mortgage definitions

  • Guarantor

    A person or company that guarantees that promises made by the first party (the borrower) to the second party (lender) will be fulfilled, and assumes liability if the borrower fails to fulfill them (defaults). In case of a default, the guarantor must compensate the lender, and usually acquires an immediate right of action against the borrower for payments made under the guarantee.