RESIDENTIAL
Client Background
Introducer
Key details
Investment details
Client background
Introducer
Key details
Investment details
The collaboration began with a reputable Malaysian-based Boutique Project Marketing Agency, recognizing us as the firm to successfully broker financing for this investment opportunity.
While one purchaser had the financial capacity for the investment, her daughter, being a full-time university student, lacked the borrowing capacity and was financially dependent on her parents. Traditional lending norms often view joint borrowers not in a spousal relationship as indirect, leading to conservative loan approvals if at all.
Our expertise in navigating complex lending scenarios led us to our conclusion to strategically treat the daughter as financially dependent on her mother, factoring her expenses into the servicing calculation. We did this knowing full well that the primary borrower’s income would be sufficient to cover both borrowers for servicing purposes.
With thorough documentation, compelling evidence and a detailed submission, we secured unconditional loan approval. The lender greenlit the mother-daughter loan combination, after considering our submission on the mother's robust borrowing capacity.
The property purchase is set for settlement in August/September 2023. Beyond achieving financial milestones, the strategic inclusion of the daughter as a property owner resulted in substantial savings being allowed significant transfer fees in having to remove her daughter's name from the sales contract prior to settlement.
Due to pandemic-related increases in interest rates and rising fund costs, we are supporting clients whose monthly mortgage payments are higher than their rental income from investment properties by devising urgent solutions to alleviate their financial stress.
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Three friends sought Australian property investment for financial security; overcoming leverage issues, the financially strongest took the lead in a solo loan application, achieving their goal with minimized upfront costs.
Collaborative financing effort secures unconditional loan approval by strategically addressing a university student's borrowing limitations and leveraging her mother's financial strength.
We were introduced to an ultra-high net worth (UHNWI) client who was halfway through a complex credit application process, with a broker who had walked away from the transaction while under processing.
A recently retired IT executive sought our assistance in financing his investment property, just months away from the scheduled settlement.
A series of consecutive rate hikes in Australia throughout 2022 trapped our client in an unfavorable situation commonly known as a ‘mortgage prisoner’.
Our client in this case was a semi-retired individual who hadn’t been in actual employment in the past few years. He was, however, a professional stock investor and owned multiple investment properties in his home country, Singapore.
Three siblings based in different countries - Malaysia, Singapore, and China - collaborated as joint borrowers to secure a mortgage for their second investment property in Australia.
Self-employed Australian expatriates in the hospitality industry based in the United States, seeking a half-million dollar loan to finance an apartment purchase in the central business district of Melbourne.
An Australian Expatriate based in Singapore seeking a combined loan to finance the purchase and construction of 3 of his investment properties in several residential suburbs in Victoria, Australia.
Self Employed Malaysian borrower seeking a loan of 70% finance to construct investment property in greater Northern Suburbs of Melbourne.
A combination of self-employed & salaried employee, the borrower intended on refinancing an existing Australian mortgage to attain a better interest rate and lower monthly repayment.
A high net-worth Singaporean couple seeking a loan to finance a luxury townhouse investment property in the Eastern residential suburbs of Brisbane.
