Home Loans
Matrimonial buyout
Narelle Jakeway, our Otago-based Home Loan Adviser, worked with her Nelson-based clients to facilitate a home loan when they purchased their first home. At the time, they had been to a well-known mortgage adviser as well as their bank (a mainstream bank) and had not been successful in obtaining satisfactory finance to purchase their first home. Narelle was able to facilitate a home loan with a high loan to value ratio from ASB, which enabled them to complete the purchase of their first home.
Narelle’s client recently approached her to advise that she would require a home loan to purchase the other half of the property due to a marriage breakdown. Narelle worked through all the specifics “Karyn” would require to obtain an approval through her existing lender (ASB). Narelle was able to facilitate a successful approval and with a minimal amount of hassle or stress for her client, which meant she could obtain full ownership of the property relatively quickly.
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