Success Stories
Filter Our Success Stories
Location
Sydney
Type of Client
Property Investors
The couple's aspiration for a holiday home on the South Coast was hindered by the lending limitations set by their past financials. Despite a flourishing business and solid income, traditional loan assessments based on their previous two-year financials did not showcase their true borrowing capacity, putting their dream just out of reach.
The Property Investor Who Bought Her Fourth Property
Location
Illawarra
Type of Client
Property Investors
A seasoned investor hit a snag when attempting to add a fourth property to her collection; her broker said she'd maxed out her borrowing capacity. Despite this, her portfolio was healthy, with a strong 60% LVR. We switched her loans to Interest Only to improve cash flow and connected her with a non-bank lender that recognized her rental income potential, enhancing her borrowing power. Our strategy led to a profitable interstate property purchase and plans for further expansion into her SMSF, underlining her investment acumen.
Location
Newcastle
Type of Client
Property Investors
Our client surpassed their pre-approval limit at auction, risking their property purchase due to insufficient funds. We refinanced their existing property, extending the loan term and securing a lower interest rate, which increased their borrowing capacity. This bridged the financial gap, allowing them to finalize their new property acquisition successfully. The client’s proactive refinancing approach ensured their property ownership and financial health.
Location
Sydney
Type of Client
Property Investors
Faced with a low property valuation from their bank, our client was unable to access equity for renovations. We stepped in as mortgage brokers, securing multiple no-cost valuations. The result was a higher valuation from one bank, enabling the client to refinance for a better rate and withdraw $150,000 for home improvements. Consequently, the renovations enhanced both their living space and property value, leaving the client thoroughly satisfied.
The First Home Buyer who (almost) couldn’t
Location
Sydney
Type of Client
First Home Buyers
While every client we sit in front of is truly unique, there are similarities we see in their situations. In this example, we were working with a client who was a young professional in her late 20’s with her scenario as follows.
Location
Gold Coast
Type of Client
Property Investors
The term ‘rentvestor’ was coined and trademarked by LJ Hooker as one of the key trends for millennials (i.e. under 30’s) for the buyer who loves their lifestyle of renting close work or the city and doesn’t want to relocate – but knows the importance of getting into the property market.
The Casual Worker who was told they couldn’t get a loan
Location
Newcastle
Type of Client
First Home Buyers
We come across casual workers who have repeatedly been told that they do not qualify for a loan. Let us show you how we busted this myth with a client who had been causally employed for a number of years.
Location
Illawarra
Type of Client
First Home Buyers
Our self-employed and contractor clients seem to get the run around from their banks when they are trying to get a loan to buy their own home. Quite often, they get bounced around from bank to bank only to be told ‘no’ – or they need to go down the low doc path, which involves higher rates and fees.
Location
Perth
Type of Client
Property Investors
Many clients experience the excitement of buying their own home and then get into the habit of simply paying their mortgage down monthly. There is nothing wrong with this, but the mentality of ‘set and forget’ is where banks tend to make money from complacent customers.
Using Equity in their Home to Invest in Property
Location
Melbourne
Type of Client
Property Investors
The concept of using equity to purchase an investment property can enable clients to launch their plans to build a successful property portfolio – whether it’s to buy one additional property or purchase several more.
