08 Feb 2024 Podcast: Deep Dive – Maximising Borrowing Capacity through Variable PAYG Income (OT, Allowances, Bonus & Commission)

In this episode, Evelyn delves into the world of home loan lending, focusing on ways to enhance your borrowing potential with diverse forms of variable PAYG income such as overtime, allowances, bonuses and commissions.

This episode also touches on the current interest rate market, offering insights into potential rate changes, and provides valuable perspectives on how different Australian lenders evaluate these income sources.

Evelyn emphasises the importance of understanding your borrowing comfort zone and shares the benefits of starting with smaller investment properties before moving towards your dream home.

For tips on refining your mortgage application and broadening your lending possibilities in the Australian market, make sure to listen in!

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