I wish to write a very positive testimonial for Darren Titmus at Financial Planning Queensland. He has just helped me into buying my own home and I firmly believe that I would have been renting forever if I’d left my fete in the hands of a Bank or any other broker.
I’d assumed that I’d have no chance of securing a loan as I had to default on a mortgage when I separated from my first husband. To add to this my stepdaughter reneged on a substantial loan that I’d guaranteed for her; and then more recently she ran up a utility account in my name which went into collection.
Regardless I thought it worth trying for a loan. I approached Darren after being rejected by a Bank. He had little to work with, a modest deposit from me and a credit rating officially ‘below average’.
We had a long journey with many hurdles including not being acceptable to most lenders and most mortgage insurers, and struggling to get a loan with the small deposit that I had.
Darren’s attitude was that a property purchase was never going to fail through finance, any rejection would just mean a delay. After our first property attempt failed he managed to find me a lender that would lend me the amount I needed to get the house I wanted – and the interest rate was only 4.19%.
Now Darren is going to give me a plan to pay it off quickly. I’m a 53 y.o. single parent, I will own my home over 10 years paying equivalent to what I’d been paying in rent plus a small personal loan that got paid off in the process of settlement.
It was a roller coaster ride as we overcame many knock backs but it’s been life changing for me. I’ll be the proud owner of my own home in my twilight years and will have some security for my young daughter.
Thank you Darren!