Season 1 Episode 8: Why see a Mortgage Broker
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Season 1 Episode 8: Why see a Mortgage Broker
IN THIS EPISODE
Mel and Darlene discuss spending on clothing, and the importance of aligning spending to your values. Darlene talks about how upwards of 70% of Australians are now taking out loans via a Mortgage Broker, and touches on best-interest duty and industry regulation, as well as how Mortgage Brokers are paid, how commission works, as well as clawbacks. Mel and Darlene also mention the long-term client relationships and the shift to a more holistic approach to money in the industry. They also discuss purchasing a vehicle through novated lease, finance, or part-finance and go into depth on novated leasing.
RESOURCES IN THIS EPISODE
Get to know your number with our handy Spending Review template.
KEY QUESTION IN THIS EPISODE
Should I take out a novated lease?
This podcast provides general advice only. It does not take into account your objectives, financial situation or needs. Before acting on any information provided, you should consider the appropriateness of the information and the nature of the financial product in regards to your objectives, financial situation and needs. We recommend discussing your personal situation with a financial professional.
Podcast by:
MEL PEARCE & DARLENE NEU
Co-Founders, Financial Wellbeing Coaches and Mortgage Brokers
The Money Collective
Book a chat about money with Mel
Book a chat about money with Darlene
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