Meet Aki

Aki had found the perfect next home but had not yet sold her current one. We asked her to share how loans.com.au helped her bridge that gap and keep her property journey moving using bridging loan.

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Background

Aki and her family of five had been living in a unit, but as their children grew older, they began to outgrow the space. Her two older daughters had always shared a bedroom. Now both in high school, having separate rooms had become increasingly important.

“I quite enjoy living in a unit, but it was really getting tight for a family of five,” Aki said. The family began looking for a freestanding house and eventually found one they all loved.

Aki and her husband Ade were already familiar with loans.com.au, having been customers for more than 10 years since buying their first home. Although they explored another lending option, they ultimately chose to stay with loans.com.au.

Challenge

  • Finding a home that would give both daughters their own bedroom.
  • Finding a way to buy their new home before selling their current home.
  • Avoiding missing out on a house the whole family loved while waiting for their unit to sell.

“The bridging loan gave us a way to buy a new home while we continued selling our unit”

Solutions

  • Aki and her family found a freestanding home with the extra space they needed.
  • A bridging loan from loans.com.au allowed them to buy before selling their existing property.
  • Support from their lending manager helped them work through their borrowing options and move ahead with the purchase.

How loans.com.au helped

Aki and Ade had originally hoped to sell their unit and buy their next home at the same time. When the sale took longer than expected, a bridging loan gave them another option.

“There was no other option, we had to go bridging,” Aki said.

The loan enabled them to secure the home they wanted while continuing to market their unit for sale. Aki also valued the support she received from her lending manager.

“Our lending manager was great,” she said. “She was always reassuring, really always warm.”

She described the wider loans.com.au team as calm, professional and reassuring, which she appreciated during an important move for her family.

How was your loans.com.au experience?

“We’ve been with loans.com.au since we bought our first home more than 10 years ago. The bridging loan gave us a way to buy it while we continued selling our unit. Our lending manager was warm and reassuring, and everyone we spoke with was calm and professional. We like staying with loans.com.au and I’d be happy to recommend them to others.”

loans.com.au customer?

If you’re a loans.com.au customer and would like to be featured, we’d love to hear from you! Send us an email at community@loans.com.au and we’ll get in touch.

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