A Doctor’s live experience with AMA Finance Brokers

News
November 25, 2022

Dr Vince wanted to buy a house; but needed financial advice to understand what he could afford and what his best options were.

He had an incredibly positive experience with AMA Finance Brokers, which resulted in him placing an impromptu offer on a house.

Dr Vince didn’t have pre-approval in place, but because it was a good investment opportunity, he wanted to look beyond his bank.

“About a week after putting in the offer, AMA Finance delivered a presentation, and I thought it would be smart to attend,” he said.

“At 3.30pm on a Friday afternoon, my bank told me they wouldn’t approve the loan, due to a lack of understanding of my company set-up and financial arrangements as a practice owner.

“We were pressed for time, but Racheal from AMA Finance worked fast to understand our financial situation (which allowed us to support the repayments), and convey that to her lending portfolio to ensure we gained approval within the timeframe, and we had a fallback option for bridging finance should we require it.”

Dr Vince said Racheal’s previous experience in credit approval at NAB meant she was able to quickly interpret business financials to understand lending capacity, and he would absolutely recommend AMA Finance to others.

“As a practice owner, our financials aren’t as simple as when you earn a commission, so that’s where Racheal really excelled because she understood,” he said.

“They have a cash back offer too, and that was an added bonus.”

Testimonial by Dr Vince.

Any advice contained in this article is of a general nature only and does not take into account the objectives, financial situation or needs of any particular person. Therefore, before making any decision, you should consider the appropriateness of the advice with regard to those matters. Information in this article is correct as of the date of publication and is subject to change.