This loan scenario of the week is a tough one. Do you have what it takes to answer it?
Have you got the know-how to fit even the toughest loans? Each week MPA brings you one stumper of a loan scenario, posted by our readers, and asks you for the answers.
This week we need a lender that will approve a loan for a client with a small credit blemish.
The New South Wales client wishes to purchase a lot of vacant land for $250,000, with an LVR of 80 per cent.
The credit blemish is for a value of $1,000, listed over two years ago and is unpaid.
The client has been working in a PAYG role for over four years.
Think you can help? Click here to read the full post and offer your services or a suggestion.
Need help with your own scenario? Share your tricky loans here.
