Indicative Case Studies

Beware of 95% of Property Value Loan Offers

Jack and Mary, both employed as full-time emergency services personnel,

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 in their 40’s and are both full time emergency services personnel.

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 emergency services bodies.

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…

Borrowing more than 100% of Property Valuation

Chris and Belinda were both working in stressful emergency services roles and

were long term renters of an inner-city town-house…