02/09/2026
Another example of lending with a non-bank v not lending with a bank.
Client has 75% equity in a rental property and $900 a week in verified rent.
She does not work and lives in a family property. She went to her bank, and others, who all declined as she was not working.
The loan serviced easily on discounted rental income.
We used a non-bank lender at less than 0.5% over a bank in terms of floating rate.
End result, non-bank 1 bank 0.
If a bank says No you just need to look a little further!