Q&A with a Mortgage Broker
Rachelle chats to Glen & John from My Millennial Money.
The Q&A covers:
👉 When's the right time to chat with a mortgage broker about buying a house?
👉🏼 Financial tips before you buy
👉🏽 Process of applying or reapplying for an interest only loan
👉🏾 How long should you expect for a pre approval?
👉🏿 Is using a buyers agent seen as a positive or negative?
👉 How are mortgage brokers paid?
👉🏻 How is borrowing capacity affected by career breaks, being self employed & parental leave?
👉🏽 Renovation loans
👉🏾 What happens if rates rise during the pre approval term?
👉🏿 What’s a rate lock and how does it work?
👉🏽 The process of releasing a parental loan
👉🏻 Is it worth buying an investment first and forgoing FHB concessions?
👉 Are there risks of using online-only lenders?
Rachelle
If you’ve got any questions at all, please reach out to me or the same great team at Sphere Home Loans.