Loan Scenario 3

Challenge:

Self-employed builder who doesn’t receive regular payg income, his didn’t declare sufficient income in tax return. 

Key Pointers:

The business itself has good cashflow and sales revenue. The accountant also issued a letter to confirm the applicant can afford paying himself decent salary from the business.

Bringing it Together (The Solution):

We applied for a loan for the applicant to purchase an investment property by using his Business Activity statement and an accountant letter, we are able to obtain a 4.99% variable rate for his lending amount.