Having outgrown my original space I needed to buy my own commercial property for my growing Dance School. Money was tight and I asked Global that I needed to pay very low interest for the loan.

So they structured a deal with a Residential Lender at that time that was willing to accept the purpose of buying a commercial property secured by residential property at home loan rates. At that time most Banks would not accept such a proposal as it is deemed to be 100% risk rate instead of 50% for residential loan.

We also arranged some funding from my parents in order to complete the transaction.

The deal was done and I enjoy a 1% advantage in interest rates over the commercial loan rate thanks to Global.

– Jennifer and Michael Englemann

We wanted to buy a Company title unit at Roseville because we were living on the Hawkesbury River and commuting into the city every day. We had a young baby and and as a result I only had part time work and hadn’t lodged my last year’s tax return. My partner was an I.T contractor and had not lodged tax returns for the last 2 years.

Global collected an enormous amount of supporting documentation, almost 200 pages, to submit for the loan, on a low doc basis. Because my partner had contracts, Global used this information with the tax invoices and sourced an 80% low documentation loan. We supplied more paperwork than was required and the lender approved the loan. Global’s thinking was to provide the lender with honest and true information and if the loan is serviceable it will happen. And it did!

After we brought the Roseville flat we found that the unit was not suitable as there was no parking and having direct access to the Pacific Highway with small children was just too frightening. We found a more suitable unit in North Sydney. I called Global again. The loan was complex as we had to sell the Roseville flat first (at a discount) refinance our existing home on the Hawkesbury and again the tax returns were still not complete. Again Global used to the tax invoices to secure an 80% low documentation loan which settled on time.

Global took extra time and effort in this transaction and worked very hard to guide us along the way. We had to sell first so that transaction needed to be completed, arrange a deposit bond for the purchase and made sure we had sufficient funds at 80% so that we did not have to pay mortgage insurance.

Global showed me that a low documentation loan is not necessarily just about signing a piece of paper and earning 6 figures but if you can give a lender comfort that you are able to service the mortgage with supporting documentation, you go a long way with lenders. Global have built a long lasting trusting relationship with that lender (in this case a bank) and kept both parties up to date throughout the duration of the application.

Because of Global I am now a valued client which makes it easier for me to get financial approval for decisions supporting our lifestyle changes and I like it.

I really appreciate the hard work they have put into helping us move from one property to the next as our circumstances changed. Dealing with Global is the way all important transactions should be, nice and easy.

– Tracy Lee

Having placed a deposit on a property in Mosman I wanted for renovation purposes and then sought the finance to complete. I soon had two broking firms working on a short timeframe to find finance but they weren’t instilling me with confidence that it was going to happen so I asked an Accountant friend if he knew anyone he thought could help.

He put me on to the Principal of Global Mortgages, Daniel Kwan.

We met, I gave him the brief and we put the application together , I told him we had to have it approved and settled the following Tuesday and he said, give me a few days. Things got even quieter, the first two brokers were stalling but assured me it would be done, and no word from Daniel I was almost at wits end.

Late Thursday Daniel called and I said he was ready to go, ready to get my loan approved, I nearly fell over. The whole process went very smoothly, and he arranged below 60% with out LMI at very attractive rate and I settled on the Tuesday.

However, the construction went over budget and I rang Daniel to get an extra $250,000, he was able to arrange a second mortgage after a revaluation with a private lender at 10%.

With that extra money, I completed the building, eventually sold and the result was a reasonably good margin.

– Charles Rose