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How this investor cracked the property finance code with just $5k

06 FEB 2023 By Robyn Tongol 1 min read Finance

Is it possible to climb the property ladder with just $5,000 in your bank account? This first-time buyer did just that — with the help of a mortgage broker.

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In this special episode, Smart Property Investment’s Phil Tarrant sits down with Eva Loisance, the manager for Finni Mortgages' broker division, to talk about how a real-life client, Dylan, embarked on a journey towards owning a property.

While Dylan lacked the financial power to have a strong start in property investing, Ms Loisance shared that his determination to achieve the “Australian dream”, combined with smart financing strategies, helped him overcome the financial barriers to property ownership.

The pair also highlights the significance of a strategic approach to property financing, the need to match one’s financial status with investment objectives, and explains the growing trend of buyers working with mortgage brokers.

  

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Property
Property refers to either a tangible or intangible item that an individual or business has legal rights or ownership of, such as houses, cars, stocks or bond certificates.
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