Fast-Track Home Loan Approval for Self-Employed Expat with Zero Risk Fee
Occupation
Self-employed – Financial Consultant
Location
NSW (CAT 1)
Loan Amount
$1,000,000
LVR
75%
Property Type
Apartment Unit
Scenario
Mr. L, a self-employed financial consultant, moved to the UK three years ago. While living and working abroad, he discovered an apartment unit in Sydney that he wanted to purchase as an investment. Given the high demand for the property, Mr. L needed to act quickly to secure financing and make an offer. However, he found it challenging to provide the financial statements required by traditional banks within the necessary timeframe.
How did Brighten help?
Brighten offered Mr. L an alt doc solution through its Brighten Platinum product, allowing him to provide a letter from his UK accountant along with six months of bank statements to verify his foreign income. Mr. L’s application was approved quickly, with no risk fee. This swift approval enabled Mr. L to secure the property, resulting in a fantastic outcome for all.
Fees, charges, lending criteria applies.