Aaron WhybrowGeneral Manager, Strategic Mortgage Broker

Doom and gloom of % rates & mortgage prison #abc #bagpipingmortgagebroker #homeloans #interestrates

Name: Doom and gloom of % rates & mortgage prison #abc #bagpipingmortgagebroker #homeloans #interestrates
Uploaded: 2023-02-02T21:05:04Z
Channel: Aaron Whybrow
Description: Short YouTube monologue (Aaron Whybrow, 'bagpiping mortgage broker') addressing concerns about rising interest rates and 'mortgage prison'. He describes…

2 Feb 2023

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Short YouTube monologue (Aaron Whybrow, 'bagpiping mortgage broker') addressing concerns about rising interest rates and 'mortgage prison'. He describes a loan product that allows clean repayments for 12 months, has relaxed income requirements if the borrower has repaid a loan for 12 months, meets standard credit-score criteria, and is available for owner-occupied properties and self-managed super funds. The speaker invites viewers to contact him for help refinancing.

Who's hearing all the negative news of interest rates, mortgage prisons, fixed rates coming off, rates going to rise. Hey, it's Aaron. I'm your bagpiping mortgage broker. I just want to specifically say if you are having trouble trying to refinance your home from a high rate to a low rate, there is a product out there that addresses the mortgage prison. It's an ability to have clean repayments for 12 months, a credit score that meets there all the standard criteria. But they are very much more relaxed on what income you have as long as you've been repaying your loan for 12 months. It's available for owner occupied. It's available for self managed super funds. So if you are wanting to get a better rate, but you don't know whether you can jump over the hurdles of the serviceability calculator, do reach out today.