Episode 40: The Mortgage Broker’s Secret: How to Get the Best Loan for Your Needs

  • Home
  • Episode 40: The Mortgage Broker’s Secret: How to Get the Best Loan for Your Needs
TWGP_EP40 - Thumbnail

Watch the full video:

https://youtu.be/nYopPaAoE78

Listen to the podcast

Get In Touch

If you want to take control of your finances, generate wealth, and secure your future, visit: https://ryker.orangeballtech.com/our-service/

—–

In this episode, we have Peita Davies, a seasoned mortgage broker, finance specialist, and owner of MoneyQuest Mortgage Brokers, Blue Mountains and Penrith.

Peita talks about the biggest mistakes people make when securing a mortgage, the dangers of following bad advice from family and friends, and why choosing the cheapest interest rate may not always be the best decision.

She also discusses the priceless value of financial literacy in achieving your goals, how discipline and planning can help first-time buyers enter the market despite challenges, and the often-overlooked necessity of protecting your most valuable asset – your income.

If you want to learn how to approach your mortgage like a pro, avoid costly mistakes, and set yourself up for financial success, then make sure to listen to this episode!

Show Note Links

https://www.linkedin.com/in/peitadavies
https://www.moneyquest.com.au/broker/peita-davies/
https://www.moneyquest.com.au/franchise/penrith/
https://www.moneyquest.com.au/franchise/blue-mountains/

Timestamps:

00:00 Intro

01:08 Peita Davis’ Background

02:07 Element of Care, Mentorship and Guidance in Finance

03:28 Common Mistakes People Make

05:30 How to Avoid Common Mistakes

08:23 First Home Buyers; How to prepare for A Big Purchase

12:07 Prioritising Goals

13:43 Importance of Financial Literacy

14:57 Surround Yourself with a Team of Professionals

16:47 Challenging Money Biases

19:26 Sponsor Video

20:49 Finding the Right Tool to get you to Point A to Point B

23:00 The age of the “tap and go”

24:42 Spending Habits

28:22 Biggest Tool People can Use to Increase their Financial Literacy

29:46 Emotional Side of Talking About Finances with Clients 

31:29 Using Moneysmart 

32:46 Mistakes People Have Made from not Doing their Due Diligence 

33:59 Case Study 

39:07 Conclusion