First Home Buyer Loan
Purchase of an existing unit.
The Brokerage pride ourselves on finding solutions for complex structures whether it be for commercial or residential purposes.
One of our existing developer clients with a complex income structure exchanged to purchase an $11m home. The existing lender the client was with was $4m short of the funding required.
Our Solution
After some very in-depth analysis, The Brokerage engaged the market and was able to achieve “Big bank” approval for the full funding required.
The Brokerage has great relationships with private banks and were able to negotiate the acceptance of draft financials supported by forecasts to achieve the outcome.
Loan Amount | $7,700,000 |
Interest Rate | 1.99% p.a |
Gearing | 70% |
Lender | Major Bank |
To find out more about how we can help, contact our team today.