First Settlement of 2024

First settlement for 2024! First-time homebuyer securing this beautiful apartment on a boutique complex. Utilizing most of the First Home Guarantee (FHBG) purchased with only 5% deposit without paying Lenders Mortgage Insurance. From finance structuring, Federal Government First Home Buyer Scheme application, strata report check, and end-to-end due-diligence powered by Ka-ching!!!

Key Highlights

95% LVR with no LMI despite being first home buyers.
Sub 80% rates.
End to end guidance and property due diligence.

Loan Purpose

LVR

Loan Type

Repayment Type

Investment Rate Type

Offset Facility

Government Grant/Scheme Used

Yield on Property

Total Funds Required (Outside Leverage)

Equity Used

Rental / Week

Purchase of Residential Investment

90%

Packaged Home Loan

Interest only

Variable

Yes

No

4.5%

$0

Yes 25% of purchase price from another Investment property

$550

What are your property goals?

Let's start a conversation

Final investment loan for FY 2023/24. Approved!!!

Investment Loans, Property Articles, Property Due Diligence

This brand-new dwelling was secured within a day of being listed. As part of a strategy to expand and diversify the portfolio, it was purchased before the end of FY 2023/24. Located less than 20 km from Perth CBD, it boasts an expected rental yield of 5.5%, a 93% LVR with no LMI, and a sub-80% interest rate. From financial strategy to end-to-end due diligence (DD), the entire process was conducted by Ka-ching Finance.