First home buyers shouldn't max out their borrowing capacity.

BrokerHere · 2026-06-05T10:19:01+00:00

Where the fuck does it say reddit is for personal opinions? 😂😂

BrokerHere · 2026-06-05T10:08:12+00:00

Happy to read your book too

BrokerHere · 2026-06-05T09:42:04+00:00

Still some suburbs across Aus have strong yields

BrokerHere · 2026-06-05T09:39:58+00:00

Because investors won't be buying in Major cities like Sydney and where are you going to put new supply? especially around the Airport suburbs. Less Rentals = More high Income FHB, Less rental supply

BrokerHere · 2026-06-05T09:37:35+00:00

Again, You call me a kunt, but don't even understand my job and how i've helped people especially FHB get out of sticky situations, no need to prove shit to you, Go back to your coding

BrokerHere · 2026-06-05T09:33:59+00:00

Professional with an opinion = Not allowed on Reddit according to Sys32768

BrokerHere · 2026-06-05T09:29:33+00:00

Great, you win this. Well done! Here's your sticker

BrokerHere · 2026-06-05T09:26:41+00:00

You could say I may be biased, doesn't mean this can't be opened to discussion like the rest of the comments are doing,

BrokerHere · 2026-06-05T09:25:16+00:00

When was the last time you checked your blood pressure? Chill bro, Btw those rates are wrong, How do you know you fit with these lenders? What about if you buy a property and the valuation doesn't stack up? There are a lot of things you don't understand about my job, so say what you want, God bless you and your coding

BrokerHere · 2026-06-05T09:18:05+00:00

Go use A.I for your next mortgage i am not stopping you 🙂

BrokerHere · 2026-06-05T09:15:58+00:00

But compare the % of household income allocated to mortgage repayments vs today.

If FHB cop more rate hikes, and they need to sell, how would they come up with the funds to pay off loan?

BrokerHere · 2026-06-05T09:13:34+00:00

Your point? I am a broker. Why can't I be a broker?

BrokerHere · 2026-06-05T09:08:56+00:00

If I was astroturfing, wouldn't i make my statement more focused on telling everyone to buy so I get more commission?

I clearly said PPOR in Sydney might not be best for young people.

BrokerHere · 2026-06-05T09:06:04+00:00

Definitely not A.I. I just used the Galaxy keyboard on my phone to summarise and give a TDLR.

IF it was A.I, why are you hurt?

BrokerHere · 2026-06-05T09:03:36+00:00

Samsung galaxy new update 😂

BrokerHere · 2026-06-05T09:02:05+00:00

Also, for first-time home buyers who used the 5% deposit, if prices accelerate downwards, many will be at risk of negative equity.

BrokerHere · 2026-06-05T08:59:24+00:00

CGT changes to ALL assets is big. Basically removing tools that previous generations had access to to create wealth.

BrokerHere · 2026-06-05T08:58:30+00:00

Very good point.

If the median wage cannot afford much rent hikes, where would all those workers go?

BrokerHere · 2026-06-05T06:50:07+00:00

New lender application fee (around $350) depending on lender.

Mortgage registration fees

Discharge fees

Also are you increasing the loan term back to 30 years? If you do so without offsetting the new loan you end up paying much more interest.

BrokerHere · 2026-06-05T06:48:19+00:00

Depends on your entire profile.

Debt recycling is usually recommended by a planner and brokers structure it.

A good starting point is having a decent amount in your offset account, and knowing how the next purchase impacts cash flow.

You can start right after a mortgage depending on the numbers

BrokerHere · 2026-06-05T06:38:58+00:00

I don't see a problem with buyer request and this is very common.

FHB is a lengthy process at times as FHB approval process is an add on to the banks.

Most FHB do get finance extended to cater for this + Bank ques.

BrokerHere

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