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914 mortgage update (fix or stay variable, IO extensions, bridging loans, FHB schemes + more)
Description
Youβve been saving long enough β letβs get you a property. Check out, 'The Quick-Start Guide to Your First Property': https://amzn.to/4svhyoH
Time for a quarterly lending landscape update! Glen is joined by Joe Carroll, Director at Sphere Home Loans to answer your questions about:
ππΌ coming off a fixed rate
ππ½ fixed vs variable - what to know before you fix
ππΎ split loans
ππΏ extending an interest-only period
ππ» how often should you be in contact with your broker?
π how LVR and interest rates work and when to negotiate a better rate
ππΌ pros & cons of bridging loans
ππ½ self employed / other income with mortgage applications
ππΎ use home equity or traditional car finance to purchase a car
ππΏ 5% deposit scheme & cash buffer restrictions
ππ» how do foster children impact home loan applicationsΒ
Learn how to be a better investor with 'The Quick-Start Guide to Investing' book: https://www.moneypodcast.com.au/store
money money money is proudly supported by Sphere Home Loans and Skye Wealth.
Need a mortgage broker? Check out https://www.spherehomeloans.com.au
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