Last week we sat down with one of our Mortgage Brokers and well, they shared a client’s story which completely shattered our hearts and became the driver behind today’s show….

You see, this client had fallen for a common but sadly misguided lending myth which resulted in her losing THOUSANDS of dollars…😮🙁   

That’s why, in this episode, we’ve switched things up to become Ben and Bryce, your Mortgage MythBusters!!  

From debunking the 8 most common mortgage myths to unpacking where these misconceptions came from, we’ll be sorting fact from fiction as we determine which myths are tales of caution to heed, and which are just misinformed opinions.  

And yes, we DO actually share the horror story which was the motivator of today’s show – tune in to 50:03 to hear what happens when bankers dish out the wrong advice  😞😭  

Seriously folks, avoid falling into the same lending mistakes and find out the truth in today’s episode.  

Tune in now or watch the episode below 😊  >>

Free Stuff Mentioned… 

• Looking for an investment-savvy mortgage broker? Book in a free, no-obligation consultation with our team who’ll steer you away from any financial freedom myths. Lock in your free appointment here >>  
• Are you MoneyFIT? Find out in Moorr, your next-generation money management platform. Sign up online, or download the Apple or Google Play app now!  
• What’s Making Property News: 
  • Green shoots in Perth? Walk-in buyer interrupts auction, takes house sight unseen >>  
  • ‘To call me a greedy landlord is far from the truth. I’d rather be a tenant‘ >>  

 

Want to work with Bryce & Ben’s Award-Winning Team? 

• A roadmap to $2k per week passive income? >> Start a conversation with our Qualified Property Investment Advisors…  
• Buying an investment-grade property in an investment-grade suburb? >> Start a conversation with our independent and experienced Buyers Agents… 
• Set up or review of your borrowing strategy? >> Start a conversation with our Investment Savvy Mortgage Brokers… 
• Your defence implementation? >> Start a conversation with our Financial Planners… 
• Maximising your tax refund? >> Start a conversation with our Investment Savvy Tax Accountants… 

 

Here’s some of the gold we cover… 

• 0:00 – What’s in store today 
• 1:28 – One of us is 100% over the footy talk 😉  
• 3:54 – The books Ben reckons will become classics!  
• 4:36 – Mindset Minute: “Your results are largely a by-product of your….”  
• 6:56 – Are you MoneyFIT? (aka. are you turning your flywheel?)  
• 10:43 – Myth 1  
• 11:00 – Ben’s answer + why!  
• 13:27 – And THIS is why it’s a myth in the first place 
• 16:33 – Myth 2 
• 15:44 – The truth about businesses 🤯 
• 20:17 – Consider these factors if you’re thinking of starting a small business…  
• 24:09 – Myth 3  
• 24:25 – This comes from an old legacy (and how it’s really done today!)  
• 27:33 – Myth 4 
• 27:44 – The Tough Reality (Ben gives you a demo of what brokers hear every day 😉)  
• 32:46 – Myth 5 
• 33:00 – Just 3 words folks: Lead. Generation. Tools!!!  
• 36:39 – Content marketing, digital fingerprints and how to find reliable readings  
• 40:12 – Myth 6 
• 40:21 – The method traditional lenders use to conduct their assessments!  
• 41:50 – Is there a way around this?  
• 44:28 – Myth 7  
• 45:01 – How a loan becomes polluted!  
• 50:03 – A true and tragic case study 🙁  
• 54:52 – Myth 8 
• 56:41 – Private Lenders: Would we recommend it?!  
• 59:49 – Let’s Recap 

And… 

• 1:00:32 – Lifehack: Siri can send you reminders…based on your location?!? 
• 1:01:25 – What’s Making Property News: An update on QLD’s Rental Freeze 
• 1:02:41 – “I’d rather be a tenant…”  
• 1:06:22 – Early green shoots showing up in Perth?!  

 

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