What First Home Buyers Need to Know Now!
Manage episode 449471558 series 3595009
In this episode of the Home Buyers Australia podcast, host Damien Walker shares his broker know-how, addressing the real questions that first-time buyers need answered. As regular listeners will know, Damien tells it how it is, giving up-to-the-minute intel on topics such as the steps to securing a home loan, borrowing power, and explaining why obtaining pre-approval should be high up on your to-do list.
Listen to this episode to get up to speed on offset accounts, lender requirements, and what you need to know about interest rates. If you’re navigating the home-buying journey, this episode is designed to help you with some of the niggling questions and confusing aspects of the process.
In this episode:
- The importance of knowing your borrowing power
- When and why to get pre-approved
- Understanding interest rate policies
- Offset accounts and whether you need one
- What to expect when working with a mortgage broker
- Unique property risks and navigating bank approvals
TIMESTAMPS:
01:07 Understanding Borrowing Power vs. Buying Power
04:08 Why Pre-Approval Should Be Your First Step
06:14 Interest Rate Depends on Bank Policy
08:10 How Offset Accounts Work
11:28 What is the process of engaging with a Mortgage Broker
17:25 The Next Step After Pre-Approval
ABOUT THE PODCAST:
Are you dreaming of owning your own home? Home Buyers Australia is your ultimate guide to navigating the Australian property market. Join mortgage broker Damien Walker and buyer's agent Jack Corbett as they break down the home buying process into easy-to-understand steps.
Damien Walker, a mortgage broker at Atelier Wealth, specialises in helping Australians navigate the complexities of property finance. With years of experience in the industry, Damien’s insights are invaluable for those looking to build a robust property portfolio.
Jack Corbett, a buyer's agent at Corbett Property Buyers, brings a wealth of knowledge in identifying and securing high-potential properties. Jack's expertise ensures clients make informed decisions that align with their long-term goals.
CONNECT WITH US:
Don’t forget to follow along on:
- Facebook: https://www.facebook.com/homebuyersaustralia
- Instagram: https://www.instagram.com/homebuyersaustralia
- TikTok: https://www.tiktok.com/@homebuyersaus
- YouTube: www.youtube.com/@HomeBuyersAus
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