Mortgage Broker Addresses Interest Rates Aren’t Everything | No BS With Birchy | EP 106
What do lenders consider when assessing a loan application? What should borrowers consider beyond interest rate movements when making long-term financial decisions? Your host, Nathan Birch, and special guest, Peter Renouf, a Mortgage Broker at Zinger Finance, discuss the cost of missed opportunities in the property investing world and effective pathways towards financial advancements.
Episode Notes:
(1:01) Peter’s backstory
(5:10) What are the elements of a loan assessment?
(6:17) Should you do interest-only loans?
(7:48) Mortgage broker addresses that interest rates aren’t everything
(11:50) How borrowers can improve their financial position
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