In this special crossover of Property Insights with Mark Bouris and Broker Room podcasts, we are joined Yellow Brick Road Home Loans brokers and branch owners, Tom Haggie (YBR North Sydney), Effie Nicol (YBR Earlwood), and Mel Falanga (YBR Leppington), as they delve into the complexities of the current lending landscape. In this Roundtable Special, we explore:

• Challenges for First Home Buyers: Effie shares the common hurdles faced by first-time buyers and the importance of preparation and budgeting.
• The Significance of Pre-Approval: Understand why obtaining a pre-approval is a crucial step in the property buying process.
• Impact of Spending Habits: Mel discusses how lifestyle choices can affect loan approvals and offers tips for financial discipline.
• Decoding HEM: Learn about the Household Expenditure Measure (HEM) and its role in determining borrowing capacity.
• Supporting Self-Employed Borrowers: Discover the unique challenges self-employed individuals face and how brokers can assist.
• Role of Non-Bank Lenders: Mel highlights the flexibility and options provided by non-bank lenders for small business owners.
• Emerging Trends: Explore the growing use of self-managed super funds for property investment and refinancing opportunities

00:00:21 Introduction 00:03:48 Challenges for First Home Buyers 00:05:46 Importance of Pre-Approval 00:09:50 Spending Habits and Loan Approval 00:13:02 Understanding HEM and Borrowing Capacity 00:29:27 Self-Employed Borrowers and Loan Structures 00:47:38 Non-Bank Lenders and Their Role 00:48:52 Changes in Borrowing Trends 00:52:28 Self-Managed Super Funds and Refinancing -- Catch up on more episodes in the Property Insights podcast: https://yhomeloans.com.au/property-in... Chat with a YBR Broker: https://ybr.com.au/refinance-flagship... Get in touch with Yellow Brick Road: https://ybr.com.au/enquiry/ Yellow Brick Road was founded by Mark Bouris to help Australians on the road to their hopes and dreams. We offer competitive rates, an all-encompassing portfolio of mortgage broking services and a network of trusted home loan experts all over Australia. For more information, visit www.ybr.com.au or call 1800 927 927.