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

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:

👉🏼 coming off a fixed rate

👉🏽 fixed vs variable - what to know before you fix

👉🏾 split loans

👉🏿 extending an interest-only period

👉🏻 how often should you be in contact with your broker?

👉 how LVR and interest rates work and when to negotiate a better rate

👉🏼 pros & cons of bridging loans

👉🏽 self employed / other income with mortgage applications

👉🏾 use home equity or traditional car finance to purchase a car

👉🏿 5% deposit scheme & cash buffer restrictions

👉🏻 how do foster children impact home loan applications 

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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