Episode Details

Back to Episodes
914 mortgage update (fix or stay variable, IO extensions, bridging loans, FHB schemes + more)

914 mortgage update (fix or stay variable, IO extensions, bridging loans, FHB schemes + more)

Season 9 Published 1Β week, 2Β days ago
Description

You’ve been saving long enough – let’s 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:


πŸ‘‰πŸΌ coming off a fixed rate

πŸ‘‰πŸ½ fixed vs variable - what to know before you fix

πŸ‘‰πŸΎ split loans

πŸ‘‰πŸΏ extending an interest-only period

πŸ‘‰πŸ» how often should you be in contact with your broker?

πŸ‘‰ how LVR and interest rates work and when to negotiate a better rate

πŸ‘‰πŸΌ pros & cons of bridging loans

πŸ‘‰πŸ½ self employed / other income with mortgage applications

πŸ‘‰πŸΎ use home equity or traditional car finance to purchase a car

πŸ‘‰πŸΏ 5% deposit scheme & cash buffer restrictions

πŸ‘‰πŸ» 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

Need to review your personal insurances? Head to https://skye.com.au


Apply to be a guest! https://www.moneypodcast.com.au/apply-to-come-on-the-show


🏑 Join our Facebook community: https://bit.ly/m3fbgroup

Watch us on Youtube: https://www.youtube.com/@m3.podcast

Check out all our show resources: https://www.moneypodcast.com.au/mmmshownotes


This content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we don’t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au.


Hosted on Acast. See acast.com/privacy for more information.

Listen Now

Love PodBriefly?

If you like Podbriefly.com, please consider donating to support the ongoing development.

Support Us