You guys had SO many questions for this episode! Rachelle Kroon from Sphere Home Loans joins Glen and John for this deep dive Q&A. They touch on:??when's the right time to speak to a mortgage broker??things you can do to maximise your chances of getting a home loan??how does HECS/HELP debt affect borrowing??why it might not be the best thing to wipe out your debt before speaking to a broker??how do banks and lenders view your BNPL history?how does the structure of your mortgage change if you knock down and rebuild your home??debt recycling??cross collateralisation loans??living in a property for a year, renting it out for 3-5 and moving back into it. How does this affect the mortgage structure???drawing equity out of home loan to leave in offset?refinancing vs reviewing your current loan??self employed/business owners??what are the red and green flags to a bankUnsure if you're ready to chat with a mortgage broker? Take this quick free quiz: https://www.sortyourmoneyout.com/reach-outGrab a copy of Glen's book, Sort Your Money Out & Get Invested: https://www.sortyourmoneyout.com/sort-your-money-out-get-investedGet $20 off The Glen James Spending Plan using the code "MAGIC": https://www.mymillennial.money/spending-planSend us your questions! Use #mymillennialmoney in the m3 Facebook group: facebook.com/groups/mymillennialmoneyFor podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: mymillennial.money/shownotes? This podcast is for education and entertainment purposes. It is not intended as a substitute for professional financial, tax or legal advice. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement and obtain appropriate financial advice tailored to your needs. We may discuss products, services and answer listener questions on this video for entertainment & illustration purposes only. We may change the name of the questioner for anonymity. It is impossible to give you personal advice on an entertainment podcast as we do not know the details of your personal financial situation. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies that may be communicated in this podcast. SYMO interactive Pty Ltd, the publisher of the podcast, is an authorised representative of MoneySherpa Pty Ltd which holds financial services licence 451289. Please read our Financial Services Guide located at mymillennial.money. This podcast is intended for residents of Australia.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.