Customers we have helped

Self Employed Low Doc

After 10 years of running his own IT business, Dave’s business all of a sudden boomed and required funds for big growth. After an in depth analysis of Dave’s current situation, we came up with the solution of extracting equity out of Dave’s residential property. Synapse Finance Solutions was able to offer a lender with lower interest rate and lower fees compared to the best deal that was offered to Dave by his existing lender. Synapse Finance Solutions also guided Dave every step of the way and kept him up to date with the whole refinancing process.

Non Traditional Income New Purchase

Therese is a single mother with two young children, and has been working as a casual for the past 24 months as a nurse and receives Centrelink benefits. Therese has a 10% deposit (being a combination of her own savings and a family gift), First Home Owners Grant and have an excellent credit history. Tired of paying rent, she is very keen to purchase her own home. She has been unable to find a lender who will help her because of her casual employment history and partially gifted deposit but Synapse Finance Solutions was able to find a lender that had minimal fees and at one of the lower interest rates on the market and Therese was able to get into her first home.

Debt Consolidation Refinance

Jason has been a full time permanent delivery staff at a grocery store in Flemington for the past 5 years. Due to a decline in business, his overtime has been reduced to zero and he has found himself to be over committed and will soon be missing payments on his credit cards and personal loan. After phoning Synapse Finance Solutions, we discussed the benefits of consolidating all of his debts with his home loan and he realised that he will have an extra $400 a month every month by consolidating all his small debts into the home loan and just having one loan. Instead of falling behind with all his loans, he will actually be paying off all his debts 5 years sooner.

Credit Default New Purchase

Roan has wanted to purchase a property for a long time, however due to some small defaults when he was younger, all the banks he tried turned him down, even though his defaults are all paid. When he spoke to Synapse Finance Solutions, we realised that he has gotten back on track with his credit file and haven’t had a hiccup for 2 years. He has even saved up a 10% deposit in the mean time. With that in mind Synapse Finance Solutions went to work on the lenders and managed to secure a lender that will accept the paid defaults and still gave roan a great interest rate, (although the 10% saved deposit was a great help). Roan is now thinking of purchasing an investment property with the help of Synapse Finance Solutions.