Indicative Case Studies
Beware of 95% of Property Value Loan Offers
Jack and Mary, both employed full-time, carefully saved $35,000 for a deposit to buy an investment property to
assure their long-term future…
Refinancing to reduce monthly mortgage payments
Jerry and Kate are in their 40’s and are both full time salaried employees. Their salaries consist of standard hourly rates,
shift loadings and regular overtime….
Refinancing to shorten loan term
Joe and Melissa purchased a house several years ago when they had known credit issues. At the time they were forced to
borrow the funds required, from a non-conforming lender, at very high interest rates. Their loan term was a long 30
years…
Refinancing to consolidate debts
Frank and Jessica met whilst both working full-time for different employers. They got married soon after, and
subsequently purchased their first home for $690,000, borrowing 85% of the purchase price, with nothing left over after
they settled on their purchase…
Borrowing 85% of the property value with no
Lenders Mortgage Insurance
Jane is a busy single mother who juggles working shifts as a paramedic with her ongoing child raising responsibilities…
