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No deposit home loan

Case Study

“Being a single Mum, divorced and renting for the first time in 20 years, owning my own home again seemed like just a pipe dream. Fast forward a couple of months and my slab for my OWN home will be going down now that I have an approved mortgage again!!!!! No words to describe being back on your feet after a divorce….”

Tammy Law

The Realisation

Upon our initial encounter with Tammy, she was unaware that owning a home could be within her reach without the need to save for a deposit. As a mother of two children, Tammy had recently undergone a divorce, resulting in a significant financial setback. Sadly, she had to let go of three houses as part of the divorce proceedings and was left with the task of rebuilding her life from scratch. Fortunately, Tammy held a secure position as an essential worker at Woolworths, which sustained her employment even during the challenging times of the COVID-19 pandemic. In June 2020, Tammy attended our informative presentation, which enlightened her on various aspects of homeownership. Motivated by this newfound knowledge, she made the decision to embark on the next phase of her journey.

How We Helped

After connecting with our finance and analyst team, Tammy underwent a comprehensive evaluation to determine her borrowing capacity. With this crucial information in hand, we proceeded to explore various blocks of land and building designs that fell within her affordable range. Tammy enthusiastically took on the responsibility of conducting “land homework,” which involved inspecting the suggested blocks that we had identified as suitable options for her.

“We received a call one weekend from Tammy who was filled with excitement. She had driven to a new development, where she had found the place she wanted to live. She started streaming on her phone live images back to us of Lot 1027, which was her favourite because it had a park across the road where her two children could play.”

With Tammy’s home-based start-up, we created a flexible room that can function as both a workspace and a future fourth bedroom if needed. To support her love for cooking, we included a spacious pantry. We value the uniqueness of each client’s dream home, often accommodating customizations and incorporating their vision. Our skilled builders are dedicated to turning these dreams into tangible realities.

Home, Sweet, Home…

Following a series of collaborative exchanges with our building team, Tammy’s long-awaited dream home reached its finalization, perfectly situated in her desired location and well within her budgetary constraints. Tammy’s unwavering determination to bring her dream home to life was evident when she proactively acquired a personalized letterbox sign displaying the future address number and street name. On September 30, 2020, Tammy received the exciting news of her approved application, officially securing her ownership of Lot 1072 and realizing her cherished dream of owning her ideal home.

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