Do you have the skills to solve the toughest loan problems. Here is this week's scenario
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.
Today a client in WA is looking for a loan with an LVR of 95% for a $570,000 investment property.
I/O repayments are required.
He is paid on a commission basis but does receive a base amount in case of a slow month. He is PAYG and receive pay slips, super, etc.
He has $62,000 in genuine savings.
What product can you offer and what would the rate be?
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.
