How we helped a Self-employed First Home Buyer purchase their first home
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A self employed First Home Buyer with an irregular income history.
Challenges Faced
The Client provided strong current year financials/income, however due to a previous business restructure, their previous year’s financials would not support the loan proposal. Most Lenders look at two year’s financials for consistency.
Outcome
We were able to locate a highly competitive major Lender who was able to isolate and rely upon the most recent year’s income.
Finance was approved and the Clients were overjoyed with the opportunity of purchasing their first home.