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Helping a self-employed first home buyer purchase off the plan

When you’re self-employed getting finance for a new home is not always straight forward.  Add in the need for extended settlement terms and it get’s even more complex.  In this scenario we show how working with an experienced broker helped a self-employed first home buyer get peace of mind and the finance he needed. Scenario Our client was first home owner grant eligible (FHOG) buyer, looking to purchase a property yet to be built. The purchase was “off the plan”. As our client was self-employed the vendor (developer )wanted evidence of a formal letter of approval for finance from our client. The…

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