Our property development started in 2012 with a budget of $750,000 and by 2016 the cost had blown out to $1.2Million, was not slowing down, and we had to pull the plug.
We eventually secured a builder through BNI who could meet our new budget and it was then time to seek the finance.
Now if I had to deal with the banks I think I would have necked myself, but thankfully we had the amazing team at Loans Australia on our side.
They dealt with those red tape merchants at the banks, securing one line of credit and when that fell over due to a software issue (of all things), they quickly secured another one!
Our contracts came through this week and after 4 years we are finally getting ready to break ground thanks to Steve and Ria’s efforts.
During this time, my father who is in his 80’s went to his bank of 50+ years for a mortgage loan. Some whipper snapper starts asking him how much he spends on groceries!
I pointed him in Steve’s direction and Dad is very happy that he can talk to someone face to face who treats him with the respect he is due.
Given our experience, I would whole-heartedly recommend Steve and his team at Loans Australia to anyone considering a finance.