How We Helped a Nurse Buy a home with Just 10% Down

When one of our clients, a hard-working nurse, came to us, her bank told her she’d need to come up with a 20% deposit to purchase an investment property.

On top of that? They were offering a higher interest rate, and she’d have to fork out for Lenders Mortgage Insurance (LMI) if she didn’t meet their strict policy.

She wasn’t having it and neither were we.

Thanks to some strategic lender matching, we were able to secure her a 90% investment loan with no LMI. That’s right no mortgage insurance, a lower interest rate than her bank, and she got to keep her cash and equity intact.

What does that mean for her?

• She avoided paying thousands in LMI
• She scored a better rate than her own bank offered
• She now has enough leftover funds to tee up another investment property purchase

Smart money moves like this are what we’re here for. If your bank’s boxing you in, we’ll help you find the back door and maybe even the keys to property #2.

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