Page 10 - Mortgage Choice Peregian Beach Case Studies

SELF-EMPLOYED LOW DOC LOAN TO GET
INTO GROWING PROPERTY MARKET
Problem Solution

• Clients purchased a business on • Client’s accountant signed
the coast and had been trading for 12 a letter confirming income
months. They didn’t have a full year of being generated by the business
financials available but income was good. • Clients applied for a low doc home
• The didn’t want to rent anymore, they loan and secured a family home
wanted to buy a home for the family in Coolum Beach
and were aware house prices were
increasing in the area
Outcome
• Clients have enjoyed being in their own family home and the growth in the
Coolum Beach property market has more than offset the fees and higher
interest rate for the low doc loan
• Clients will be in a position to refinance to a mainstream home loan in 18 months

“Could not be better! Friendly, professional, efficient. They walk you through
it step by step. Larissa and the team go above and beyond to make sure you
are happy and everything is in order. A very generous bunch.” Michelle