Crafting Solutions: VMG’s Case Study & Offerings

Customer: Individual

Loan Amount: $508,000

Financial Challenge: A client with seven separate loans faced recent arrears within the past
six months and had a credit score of 25.

VMG’s Approach:

• Four non-conforming lenders declined the request due to (a) low credit score, (b) excessive debts for consolidation, and (c) unmet servicing requirements.
• The broker promptly supplied VMG with the necessary financial information for assessment.
• VMG issued an Indicative Approval on the same day, reducing the client’s monthly commitment by $525.
• This demonstrated VMG’s pragmatic lending approach, devoid of risk scoring leading to an improved financial position for the applicant.

Inquiries: For further inquiries or to explore VMG’s financial solutions, please feel free to reach out to your BDM.