This is Money Podcast.

The latest on buy now or wait, LMI, self-employed, HELP debt, rentvesting + more.

Genevieve aka Gell Fordham from Sphere Home Loans shares her top tips for first home buyers and answers your questions. 

The episode touches on:

👉 should I buy now or wait until I have a bigger deposit?

👉🏽 buying in strata

👉 rentvesting

👉🏼 engaging a mortgage broker

👉🏾 parental guarantees & the First Home Guarantee scheme

👉🏿 is Lenders Mortgage Insurance (LMI) all that bad?

👉🏻 using First Home Super Saver (FHSS) scheme funds

👉🏼 how will debt / a car loan / HECS/HELP affect my borrowing capacity?

👉🏽 I'm self-employed, how will it affect my ability to get a loan?

👉🏾 what's the minimum deposit needed to secure a mortgage?

👉🏿 how much $ will children affect my borrowing capacity?

👉🏻 can I spend money between getting my pre-approval and full approval?