Ryan & Nicola Building Long Term Wealth
Ryan and Nicola reached out to us in early 2022 as they were interested in growing their property portfolio and earn rental income but were unsure of their price range and borrowing capacity. After completing our assessment process, we were able to give them an indication of how much they could borrow which helped focus their property search.
As Nicola was on reduced work hours for a period of time, our research narrowed to focus on lenders who accepted return to work letters to prove full time post-leave income. With Nicola being a doctor, we were also able to access special loan features which removed costly Lenders Mortgage Insurance fees and reduced their interest rate further than advertised lender rates.
After finding a bank which offered low interest rates and quality lending policies, we applied for a pre-approval which would give Ryan and Nicola confidence to make offers at auctions.
After more than a year of searching for the right property, Ryan and Nicola recently signed a contract of sale in late August which allowed the bank to provide unconditional approval.
It is very satisfying to see clients achieve their property goals after a long period of planning and searching and we look forward to what’s ahead for your family!
