Case Studies
First Home Buyer
A single female was looking to purchase her first home. The properties she liked were priced between $650,000 – $700,000. She had saved a deposit of $33,000 and her parents were happy to gift her $30,000 towards the purchase. At the time, the property market was very strong and property prices were increasing. She believed that if she did not act quickly, she may be priced out of the market, so time was of the essence….
First Home Buyer – Parental Guarantee
The clients were an engaged couple looking to enter the property market and purchase their first home. The female client’s parents had been long term clients of Vision and had referred them through to the team to discuss whether they would be able to purchase a $650,000 apartment with a savings of $20,000. Both clients had stable employment and a relatively strong credit score. The male client had a car loan of $15,000 with repayments of $560 per month….
Next Home
A couple with a young family sought advice on whether they could achieve their dream of upgrading to a larger family home with more land. They knew that they had a lot of equity in their existing home as they had paid off most of the debt, but they were unsure of their borrowing potential and confused by the logistics of the changeover process….
First Investment Property
A young corporate couple owned a property worth $950,000 with a mortgage of $620,000. They had $80,000 in savings and wanted to use this money towards the purchase of an investment property for $500,000….
Portfolio Investor
An established investor presented to the team with a Portfolio of 5 investment properties. He was looking to purchase a sixth property but had an application declined by his current lender, as they deemed, he had insufficient income to afford the debt of a new investment property. In addition, the client was unsure about the structure of his loans. His relationship with the lender had been such that they had explained relatively little about the process and structure of…
Refinance
Established couple in their mid-50’s approached Vision with two properties under finance: their home and an investment property. The client’s accountant had advised them to review their loan structure. We identified that the clients had 3 loans in total: one home loan (secured against their home) and two investment loans (one secured against their home and the other against the investment property). In addition, the interest only period on their investment loans was about to expire meaning that the…
