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The Stepping Stone Strategy

How starting with a non-bank loan today can lead to a long-term bank mortgage tomorrow.

Key Takeaways 

  • ✅ Secure the property you want now—even if banks say no
  • ✅ Build credit and consistent documentation over 12–24 months
  • ✅ Refinance to a bank mortgage for lower rates and stability
  • ✅ A smart, proactive pathway—not a compromise
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Get approved today

Non-bank lenders help first-home buyers, self-employed borrowers, or those with minor credit issues secure a property sooner. Instead of waiting, you can take action now.

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Strengthen your profile

During the next 12–24 months, borrowers focus on building a clean record—improving credit, verifying income, and showing strong repayment history. This sets the stage for a successful bank refinance.

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Transition to long-term stability

Once your financial profile is ready, you can refinance into a bank mortgage—often with lower rates and longer terms, while having already achieved homeownership or investment goals.

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Not a compromise—an intentional strategy

The stepping stone approach is a proactive way to buy now and move toward long-term financial security with a bank mortgage.
Luminate Financial Group
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Luminate Financial Group Limited (FSP765531) is a licensed Financial Advice Provider (Class 2 FAP), authorised to provide regulated advice on home loans, commercial and business lending, and specialist finance.

Luminate Finance Limited (FSP449126) is registered under the Financial Service Providers (Registration and Dispute Resolution) Act 2008 to provide consumer credit contracts and non-consumer credit contracts. It is not a licensed Financial Advice Provider and does not offer regulated financial advice. Investment opportunities are available only to investors who meet specific wholesale investor criteria as defined in the Financial Markets Conduct Act 2013. These are not regulated offers and are not open to retail investors.

All lending is subject to credit assessment and responsible lending obligations under the Credit Contracts and Consumer Finance Act 2003. We follow the Responsible Lending Code to ensure loans are suitable and affordable for our clients.

¹Past performance is not a reliable indicator of future results. Fixed rates are subject to change. Terms, conditions, lending criteria, fees, and charges apply. Images may be indicative only.

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