30 Oct 2024 Podcast: Finance Files – How our First Home Buyers Avoided LMI with a Guarantor Loan and Smart Financial Planning

In this episode of You Have My Interest, we dive into another Finance File, sharing the inspiring journey of a first-time homebuyer couple from Victoria. This de facto couple, with a young child, dreamed of owning their own home and began their property journey nearly a year ago by reaching out to us for financial guidance.

We explore how they transitioned from renting in Castlemaine to owning a home near Bendigo, working with ANZ to secure a guarantor loan that helped them avoid Lenders Mortgage Insurance (LMI) and save on stamp duty. Plus, we break down how the $10,000 First Home Owner Grant played a key role in setting them up for future financial security.

If you’re a first-time buyer wondering how to make your dream home a reality, this episode is for you!

Find out your next step in property finance:

You Have My Interest is brought to you by Everlend, a mortgage and finance broking firm built for the purpose of educating and empowering you to make informed financial decisions tailored to your wealth goals. Find out more and book in your free initial consultation at
https://www.everlend.com.au/

There’s plenty more great content to come … so make sure you subscribe now on Apple Podcasts or Spotify so you don’t miss a thing.

You Have My Interest is brought to you by Everlend, a mortgage and finance broking firm built for the purpose of educating and empowering you to make informed financial decisions tailored to your wealth goals. Find out more and book in your free initial consultation at ​​https://www.everlend.com.au/

Get in touch:

Find out more about You Have My Interest at everlend.com.au/podcast and connect with us at podcast@everlend.com.au

You Have My Interest provides information and educational content relating to mortgages, finance and property. You Have My Interest‘s content is general in nature and does not take into account the individual financial, legal or tax needs or objectives of its audience members.

It is not intended as a substitute for professional advice. Listeners should seek out a licensed professional to discuss their individual financial, legal and tax requirements.

If you need mortgage or finance advice tailored to your own personal situation, contact Everlend today for a free consultation. Everlend are authorised credit representatives of Loan Market Pty Ltd, Australian Credit Licence number 390222.

Podcast produced with Apiro