First Home Owner

The Challenge Expert Advice The Outcome

First Home Owner with no genuine savings

A young couple had returned from an overseas holiday and were excited and looking forward to purchasing their first home.

They had a 5% deposit but it was a gifted deposit from their parents and they were also relying on the first home owners’ grant of $7000 to meet the required 5% deposit.

Sourcing a suitable lender

The credit policy of the majority of lenders is that a client must be able to provide three month of statements showing genuine savings consistency.

Using her expert knowledge as an experienced mortgage broker, Hayley was able to place the client with an alternate major lender that didn’t have this credit policy.

Helping our clients achieve what matters most to them

The young couple realised their dream of owning their own home when Vantage Financial sourced a lender who issued full unconditional approval within eight working days.