We had recently sold our home and were looking to move closer to the family as we have a new grandchild.
Our present bank stated that due to our income, age and Noel's change in work situation we could not borrow to buy our new home. This did not make sense to us as our new home purchase would be less than what our present loan was. We had some concerns as we had gone unconditional on the new purchase contract and the property needed to settle in 6 weeks.We had previous dealings with Paul prior to his new role at FinancePath. So we gave Paul a call, he listened to our situation, asked us some questions that our bank never did and from that one discussion we had a clear understanding of what we could then borrow. Paul provided us with certainty that it could be done and he would be out to see us the next day to arrange the finance.
With Paul and the teams help, we were able to get full approval in just over a week.
We moved into our new home last month and have been enjoying our family time and our new grandchild.
|Tags: Property Financial planning Home loans Buying a house Reducing Debt|