We asked the Facebook group what questions they had for our guest mortgage broker, Rachelle Kroon from Sphere Home Loans and received tons! In today's episode John goes solo with Rachelle to tackle a bunch of them. They cover:
๐ when's the right time to chat with a mortgage broker about buying a house?
๐๐ผ financial tips before you buy
๐๐ฝ process of applying or reapplying for an interest only loan
๐๐พ how long should you expect for a pre approval?
๐๐ฟ is using a buyers agent seen as a positive or negative?
๐ how are mortgage brokers paid?
๐๐ป how is borrowing capacity affected by career breaks, being self employed & parental leave?
๐๐ฝ renovation loans
๐๐พ what happens if rates rise during the pre approval term?
๐๐ฟ whatโs a rate lock and how does it work?
๐๐ฝ the process of releasing a parental loan
๐๐ป is it worth buying an investment first and forgoing FHB concessions?
๐ are there risks of using online-only lenders?
Big thanks to our Thursday show partner Global X ETFs! Click here to learn more about their range of ETFs.
Want to chat with Rachelle & the Sphere Home Loans team? You can get in touch here: https://bit.ly/3HZBBH1
๐ Please read our disclaimer + warnings before listening to this episode
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๐ธ Quick links to $20 off The Glen James Spending Plan, Glenโs book & other resources
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