How Chris and Lauren bought their next home

Chris and Lauren bought their first home in the suburb they knew they wanted to be in long term, however their first apartment was always going to be a stepping stone to bigger and better things. The key areas Entourage and mortgage broker Vincent Moore were able to help Chris and Lauren with included:

  • Valuation of existing property and equity available
  • Access to no-LMI legal package home loan
  • Borrowing capacity and negotiation strategy
  • Securing a split variable and fixed rate to make the most of both options

Chris and Lauren engaged Entourage back in 2018 when they purchased their first home, they revisited for a refinance to get a better interest rate and then in 2021 were ready to upgrade their home after they added a new member to their family, a little baby boy.

Throughout their first purchase, refinance and upgrade Chris and Lauren were able to utilise professional lending packages available to lawyers. This meant they were able to borrow up to 90% of the property value without needing to pay any Lenders Mortgage Insurance.

Chris and Lauren sold their first home and used the equity accrued as the deposit on their next home. We worked closely with their existing lender to obtain a great product and interest rate which supported their borrowing and lifestyle and helped them secure their family home.

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