In this episode, Michael sits down with Jason from Kaleido loans, to dive into the most frequently asked questions about mortgages, home loans, and refinancing. From understanding your borrowing power to navigating the best mortgage rates in Australia, Jason reveals everything you need to know to make informed decisions on your home-buying journey. Whether you're a first-time home buyer or looking to refinance, this conversation is packed with insights and tips that can help you save money and get the best deal. Don’t miss out on Jason’s expert advice—he truly reveals all!

Here is a sneak peek of what kind of questions we covered in this episode:

• How can I buy a property with such low borrowing power using a borrowing power calculator?

• Why do so many people choose large banks like CBA when mortgage rates in Australia offered by alternatives are much better?

• Why isn't it common to have a fixed mortgage rate for the full term of a home loan in Australia?

• What should I do before buying an apartment as a first home buyer (FHB) according to a mortgage broker?

• How long would it take to save for a house on a $90k per year income, and what percentage should I save to optimize my home loan repayment?

• Can anyone estimate my borrowing power with a borrowing power calculator based on my current earnings and situation?

• How can I convince my parents to sign on as guarantors for my first home, considering refinance options?

• Does anyone have tips on finding a reliable mortgage broker?

• Does purchasing a property as an investment impact my borrowing power according to a mortgage calculator?

• Is it better to put extra repayment amounts into an offset account or directly onto the mortgage account?

• What do I need to have prepared before booking an appointment with a mortgage broker?

If you have a question regard mortgage and home loans, drop a comment and Jason would help you to find the best answer to your question.

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