Episode Details

409 mortgage broker vs direct with a bank, pre-approvals explained, fixed and variable loans + more

Season 4 Episode 9 Published 4 years ago

Thinking of getting into the property market? John and Emily chat with mortgage broker Randy Araya-Bishop from Sufficient Funds about:

👉 going direct to bank vs a mortgage broker

👉🏿 the different types of pre-approval assessments to suit your situation

👉🏻 does getting a 2nd pre-approval affect your credit score?

👉🏽 pre-approval turn around times

👉🏾 check ins you might expect from your broker after securing your loan

👉🏼 mortgage broker qualifications to be aware of

👉 differences in lender assessments of your borrowing capacity

👉🏾 parental guarantees & second mortgages

👉🏿 locking in a fixed rate plus the differences of fixed and variable loans

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