From Nurse to Investor: How We Helped Her Buy with Just 10% and No LMI!
One of our lovely clients, a dedicated registered nurse, came to us after being told by her bank she'd need a 20% deposit to buy her first investment property.
That’s a lot of savings to part with.
And to make things harder, the bank was offering a higher interest rate and wouldn’t budge on Lenders Mortgage Insurance (LMI).
She was doing all the right things - working hard, saving smart and ready to grow her future. So we stepped in to help her make it happen without the stress (or the extra costs).
Here’s what we did:
- Secured her a 90% investment loan with no LMI
- Got her a better rate than her bank was offering
- Helped her hold onto her cash and equity so she can now look at buying her next property sooner than expected!
It’s a beautiful thing when your finances start working for you. And we’re here to help you feel confident and supported every step of the way.
Thinking about investing but worried you don’t have a big enough deposit? There could be more options than you think.
CONTACT US TODAY
We are based on the beautiful Central Coast, between Sydney & Newcastle and we offer a complimentary home loan broking service.
Make an appointment today for an obligation-free chat, to talk about what you need and how we can help.
This article is general in nature and does not constitute financial or credit advice. Individual eligibility for any loan product depends on your personal financial situation and the lending policies of individual lenders, which can change. Your complete financial situation will need to be assessed before acceptance of any proposal or product. Katrina Russell is an Authorised Credit Representative 542497 of Outsource Finance Pty Ltd, Australian Credit Licence 384324.
This is an editorial post and is not paid advertising content.
