Case Studies

Real files, assessed by human underwriters for a positive outcome

Twelve settled loans that show how VMG’s credit analysts read a file when an automated assessment has already said no. Each one is a real scenario placed by an accredited broker, with identifying details removed.

A VMG case study is a summary of a settled loan: the borrower’s situation, the reason mainstream lenders declined it, how VMG assessed it, and what settled. Open any card for the full breakdown or test a scenario of your own.

LOW CREDIT SCORE
Seven loans consolidated for a borrower with a low credit score, all repayments current, after the file had been declined elsewhere.

$508k

LOAN AMOUNT

7 Loans

CONSOLIDATED

$525

MONTHLY REDUCTION
GIG AND PART TIME INCOME
A part time cleaner and rideshare driver in NSW, buying an investment property on two income streams with no formal platform statements available.

$600k

LOAN AMOUNT

Investment

SECURITY

2 incomes

VERIFIED
FUTURE INCOME STREAM
Owner occupied purchase supported by PAYG salary and the remaining tranches of a business sale being paid out over five years.

$1.8m

LOAN AMOUNT

Owner Occ

SECURITY

5 years

SALE TRANCHES
Complex income · Construction
Three income sources an automated servicing calculator could not read, assessed line by line to complete a retirement home.

$1.6m

LOAN AMOUNT

3

Income Types

Owner Occ

Security
PRIVATE LENDER EXIT
Owner occupied refinance away from a private lender, with the balance grown by enforcement costs and the applicant still inside his probation period.

$730k

LOAN AMOUNT

Owner Occ

SECURITY

1 payslip

EMPLOYMENT EVIDENCE
ATO DEBT
A couple refinancing an owner occupied property and clearing a growing ATO debt, with the self-employed applicant’s financials two years behind after illness.

$750K

LOAN AMOUNT

Owner Occ

SECURITY

2 BAS

INCOME EVIDENCE
Australian Taxation Office declaration documents alongside Australian currency and a calculator, representing the assessment of small business tax liabilities and alternative lending solutions.
PART BUILT PROPERTY
A couple in their sixties needing funds to finish a home already built to lock-up stage, with income made up of disablement payments, carer payments and Centrelink pensions.

$375k

LOAN AMOUNT

Owner Occ

SECURITY

Under 30%

LVR ON COMPLETION
DEBT CONSOLIDATION
A tradesperson left solely responsible for eight loans after a separation, with repayments slipping as rates rose.

$552k

LOAN AMOUNT

8 loans

CONSOLIDATED

$1,290

MONTHLY REDUCTION
TRUST STRUCTURE
A family trust with multiple trading businesses acquiring a wholesaling business from retiring vendors, with commitments spread across several entities.

$605k

LOAN AMOUNT

Business

PURCHASE

$100K

DIVIDENDS ADDED BACK
COMPLEX GROUP STRUCTURE
Group principal of twelve corporate entities, most of them loss making, buying a residential investment property in regional NSW.

$1.7m

LOAN AMOUNT

Investment

SECURITY

12 Entities

ASSESSED
Alt Doc · 8 months ABN
Eight months of ABN and rising income after a move from PAYG. Assessed on business bank statements and an accountant’s declaration.

$750K

LOAN AMOUNT

80%

LVR

8 months

ABN
Discharged bankrupt
Discharged bankrupt, home loan in arrears and post-discharge tax debt, consolidated into one loan against a profitable healthcare practice.

$880k

LOAN AMOUNT

Owner Occ

Security

3

Debts Cleared

Holding a scenario like one of these?

Put it in front of a VMG credit analyst before you lodge. Human underwriting, no credit scoring, no DTI or DSR ratios.

Frequently Asked Questions

A: Yes. Every case study is a settled loan placed by an accredited broker. Names, locations and identifying details have been removed or changed, and each scenario is cleared by VMG credit before publication.

A: Yes, through an accredited broker. Use the Test a Scenario form or speak to your BDM before lodging so credit can confirm the product tier and the documents needed.

A: No. Each file is assessed on its own merits under human underwriting. A case study shows how a comparable scenario was read, not an outcome your client will receive.

A: Prime, Near Prime, Specialist, Specialist Plus and Flexi Business Plus. The product each loan settled under is shown on the case study page.

For more information

On how we can assist you, please contact us to discuss your specific needs.

All applications are subject to Victorian Mortgage Group’s standard credit assessment and lending criteria. Terms, conditions, costs and charges apply. This page is general information only and does not take into account your objectives, financial situation or needs. Last reviewed 18 August 2026.

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