Speaker 1: Good morning everyone, and welcome back to Sugar Mama's Fireplay,
Speaker 1: the podcast that ignites your financial journey with inspiring stories
Speaker 1: and innovative strategies that are going to help you achieve
Speaker 1: all of your financial goals and dreams as efficiently and
Speaker 1: as effectively as possible. I am your host's financial planner,
Speaker 1: Canna Campbell, and today we are back with our mini
Speaker 1: series Ask Adam, where we get to pick Adam's brain
Speaker 1: and get a really deep insight as to what is
Speaker 1: going on with the mortgage market, what interest rates we
Speaker 1: should be paying, what's a great deal, what do we
Speaker 1: need to be careful of or traps to avoid, and
Speaker 1: really get some honest, transparent feedback that is only going
Speaker 1: to help us with our financial journey towards independence and freedom. Now,
Speaker 1: before I begin, a quick reminder, this is general advice
Speaker 1: only and educationally based, so please do not interpret this
Speaker 1: as being personal, strategic or investment advice at any time.
Speaker 1: And of course, if you want to reach out to
Speaker 1: Adam directly to ask him questions about your mortgage and
Speaker 1: what you should be doing, please feel free to and
Speaker 1: know that I get zero referral commissions or fees for
Speaker 1: doing this I just simply have Adam on the show
Speaker 1: because I know him, I trust him, and I have
Speaker 1: over eighteen years experience working with Adam and he actually
Speaker 1: does my own mortgage and investment loans, so I know
Speaker 1: how good he is. Let's get cracking with.
Speaker 2: Our ask Adam serious, Adam, thank you so much.
Speaker 1: For coming in this morning.
Speaker 3: How are you are?
Speaker 1: I will thank you and well, I am. I'm actually
Speaker 1: quite excited because you are doing refinancing our loans at
Speaker 1: the moment for Tom and I.
Speaker 3: You know, yeah, fun times.
Speaker 1: Fun times, and it's is a refreshing insight to see
Speaker 1: with the process that you have to go through and
Speaker 1: the paperwork, and it's actually a lot easier than you
Speaker 1: sort of build up in your mind.
Speaker 3: It is now be so much easier. There's a lot
Speaker 3: more automation and technology that we're using that make it
Speaker 3: a really seamless process and we try and take away
Speaker 3: all the heavy lifting for all our clients and it does.
Speaker 3: It is a lot more enjoyable now than what it
Speaker 3: used to be.
Speaker 1: I know, from you know, financial planning, you know, getting
Speaker 1: clients to complete forms, particularly insurance application forms, which are lengthy.
Speaker 1: You know, it can be a question block yeah, I'm
Speaker 1: very confronting questions. Can you just quitt quickly out of interest?
Speaker 1: And this is not, I guess a question that's on
Speaker 1: my list for this morning, but it's one I would
Speaker 1: love to touch you ask you. Can you explain to
Speaker 1: everyone what the process is to do that paperwork because
Speaker 1: it is actually a lot easier than people really it is.
Speaker 3: It is look first, first, up coming on board with
Speaker 3: me as a client is a portal. We've got access
Speaker 3: to a portal ful filling in all your personal information.
Speaker 3: Personal information is off top of your head, right, it's
Speaker 3: all your personal details, where you're living, where you're working,
Speaker 3: your assets, and my abilities. It should be there off
Speaker 3: the top of your head, unless you've got a complex
Speaker 3: situation where you might need to refer to some filing
Speaker 3: that you've got. But it's about a twenty minute process
Speaker 3: through that portal. It's safe and secure and once that's
Speaker 3: once you've done that with me, it's generally once off
Speaker 3: after that. Any other finance we're doing down the track
Speaker 3: is very quick and easy, and we try and make
Speaker 3: that as simple as possible, so you don't really need
Speaker 3: to go through and fill out a form again. We
Speaker 3: just capture what changes there have been, but upfront, it's
Speaker 3: about twenty minutes to fill the format, attach all of
Speaker 3: your documents, press a button, I'm done, and off you go.
Speaker 1: That is a lot easier than when I think back,
Speaker 1: say ten years ago, when you were I was actually
Speaker 1: getting divorced and I was a single mother, and the
Speaker 1: amount of paperwork and even like letters from accountants and
Speaker 1: statements and yeah, oh from time to.
Speaker 3: Time we need the odd letter from an accountant or
Speaker 3: you know, to support tax re frends and things will
Speaker 3: explain something. But again, we can communicate with your accountants
Speaker 3: for you all of those things, try and do to
Speaker 3: make it easier. So whatever you're open to, really, but
Speaker 3: there are easy ways to do things now.
Speaker 1: So it's a lot more seamless, definitely. All right, Okay,
Speaker 1: so let's get cracking with these with these questions. All right,
Speaker 1: what do we need to know right now about the
Speaker 1: mortgage market.
Speaker 3: That's a tough one, really, Like I'm having so many
Speaker 3: conversations at the moment with potential customers who you know, asking,
Speaker 3: you know, they're not really happy with their rate and
Speaker 3: can they move, and a few of them I'm having
Speaker 3: to say, look, yourate's actually not that bad.
Speaker 1: That's why you're honest, like giving them good advice.
Speaker 3: Yeah, well, look, I don't have any interest in wasting
Speaker 3: people's valuable time on my own if it's not worthwhile,
Speaker 3: and I can't you can't sugarcoat it, and you can't
Speaker 3: gooss over it. If we've got to present the facts
Speaker 3: and the details, we're trying to recommend something to a
Speaker 3: potential client. So it doesn't make sense why do it
Speaker 3: and why I waste each other's time. But the main,
Speaker 3: the main thing to take away from that is that
Speaker 3: you just need to be a bit more patient. I
Speaker 3: think some competitive rates will come back later in the year,
Speaker 3: and when that comes it'll be more valuable or more
Speaker 3: beneficial to change at that time. Then now for the
Speaker 3: sake of a few basis points and a few hundred
Speaker 3: dollars a year, wait wait until it's more beneficial.
Speaker 1: It's definitely worth asking the question. But if you know,
Speaker 1: you get an answer and as you said, you're actually
Speaker 1: a great rate. You can't do anything better than that.
Speaker 1: It's actually great to know that.
Speaker 3: Yeah, it's really sure, and at least you know that.
Speaker 3: You know the biggest issue is that rates are high.
Speaker 3: You know, if you're seeing a six in front of it,
Speaker 3: you just think it's crazy because we came from two's
Speaker 3: and low threes. So it's just about getting over that
Speaker 3: that mindset.
Speaker 1: We have short term memories, Yeah, definitely, because if you
Speaker 1: go back, you know, seven, eight, nine years like different
Speaker 1: rates or even further, actually.
Speaker 3: A bit further. So two thousand and nine when the
Speaker 3: GFC hit, that's when rates really leapt forward. I think
Speaker 3: we're talking in high sevens, yeah at that time, so
Speaker 3: you know they're a bit higher now. But I also
Speaker 3: think that was a bit unnecessary, particularly in November. Cash
Speaker 3: increase from the RBA was totally unnecessary. But even though
Speaker 3: with all the inflation figure changes, there's no way they'd
Speaker 3: take that back. But it was unnecessary and unfortunate. But look,
Speaker 3: if you're low sixers, you're good in terms of what
Speaker 3: else is on at the moment, not a great deal.
Speaker 3: There's a bit more variety in terms of options for
Speaker 3: self employed borrowers, which I find really exciting. It's helping
Speaker 3: a lot of a lot of those small businesses who
Speaker 3: have got different types of setups in their business and
Speaker 3: you know, maybe have done it tough for the previous
Speaker 3: year or two in the back of COVID or during COVID,
Speaker 3: and now they're in a good place. So there's some
Speaker 3: credit policy that's opening up access to credit for them.
Speaker 3: That's become a bit easier. So there's a few different
Speaker 3: products around that space, and I think that's really good.
Speaker 3: It's giving some small businesses a bit of a leg
Speaker 3: up that they need.
Speaker 1: All right, So we now know that if you have
Speaker 1: an interest rate in the low sixes, you're in a
Speaker 1: pretty good deal. I heard that some banks have actually
Speaker 1: already started dropping their rates, even though we haven't actually
Speaker 1: seen any official cuts yet from the RBA. But these
Speaker 1: new deals are only for new customers. This seems really unfair,
Speaker 1: So what's going on.
Speaker 3: Yeah, look, it's no different. That's the way it's been
Speaker 3: always been. Banks and lenders will target new customers and
Speaker 3: they'll market their new rates to them, and existing customers
Speaker 3: are stuck with a rate they are on, or go
Speaker 3: back and ask for a better discount. You won't always
Speaker 3: get it, but new customers are valued more. Unfortunately, it's
Speaker 3: the same in the employment sector. You know, generally you
Speaker 3: go to a new employer and you're going to get
Speaker 3: valued for your new skills more than your exist employer
Speaker 3: might give you a pay increase for we live.
Speaker 1: In such a fickle, two faced, shallow world.
Speaker 3: No, it's not right, but there are ways around it,
Speaker 3: you know. You can you can approach your lender and
Speaker 3: ask for a better discount. You can bluff, politely, bluff
Speaker 3: that you're leaving. You know, it's a funny one. You're
Speaker 3: threatening a bank that you're going to leave. You know.
Speaker 3: Hear the ads on on radio bit about that they
Speaker 3: don't really care. You're just a number drop in the
Speaker 3: ocean essentially, which is sad. But some banks do it
Speaker 3: really well, and some smaller lenders do it really well.
Speaker 3: They value their existing clients customers. It won't necessarily mean
Speaker 3: they'll just go to market and offer everyone the lowest,
Speaker 3: same rate.
Speaker 1: You've got to ask if you don't care, now, what
Speaker 1: size mortgage can you start asking for a bigger discount?
Speaker 3: Like over a.
Speaker 1: Million, two million, ten million.
Speaker 3: In the so, if you're a new new de bank customer,
Speaker 3: you're going to market for a new loan. Anything above well,
Speaker 3: generally they're segmented, so it's above two hundred and fifty
Speaker 3: k five hundred k seven to fifty million, above a million,
Speaker 3: then it's free for all. So it's basically you're in
Speaker 3: that top top level that the banks look for. Above
Speaker 3: that they will offer some discretionary discounts, but generally above
Speaker 3: a million is where you get into that state of
Speaker 3: that extra discount if you're loaned to value ratio is right?
Speaker 3: So if you've got good equity in your property.
Speaker 1: Is that what we call private banking level?
Speaker 3: No? No, it's just a million dollars. Isn't much anymore?
Speaker 3: Is it? No? A bit of a shock to say that,
Speaker 3: But it's not particularly in Sydney. So meand all alone
Speaker 3: is he's not far away from the norm? Wow?
Speaker 1: All right? As an everyday customer, how do we actually
Speaker 1: ask the bank for a better deal?
Speaker 3: Like?
Speaker 1: What?
Speaker 3: What?
Speaker 1: How do we have this conversation? Like is there a
Speaker 1: script that we should be using or is there a
Speaker 1: particular key terminology that we should be using so that
Speaker 1: the bank know that we know what we're talking about,
Speaker 1: even though we may not necessarily like what's the best
Speaker 1: way to approach this, you know, respectfully and professionally?
Speaker 3: Well, as I said earlier, bluff politely, it's just a
Speaker 3: conversation that I'm yourself, go, you know, understand what is
Speaker 3: out there? In the market, what the lower rates are.
Speaker 3: Have that written down, so when the phone call to
Speaker 3: the bank, your bank, you call them and you ask
Speaker 3: for a better discount. You know, the longer you've been there,
Speaker 3: the more chance that you'll get an extra discount. And
Speaker 3: if you understand what the market rates out there are,
Speaker 3: and you can convey that to them to them in
Speaker 3: a conversation, you're a chance of getting it. Maybe not
Speaker 3: on that phone call. You might then need to push
Speaker 3: it at another level and threatened to leave that you're
Speaker 3: going to leave and go to a different bank, in
Speaker 3: which case they might refer you to their attention team,
Speaker 3: who will then look at your rate, and if you're
Speaker 3: on a good rate, they won't just give you a discount,
Speaker 3: and I'll just say, sorry, you're in a good rate.
Speaker 3: We're not offering you extra. If you want to leave,
Speaker 3: then we'd be sorry to see you go, but see
Speaker 3: you later. But if you are on a higher rate
Speaker 3: and there's room to give you a better discount, they
Speaker 3: should They won't always do it, but the longer you've
Speaker 3: been there, the better chance you are of getting that discount.
Speaker 3: And if it's been a long period of time since
Speaker 3: you've asked for one before, or if you've never asked
Speaker 3: for one before.
Speaker 1: Is it better to get a mortgage broker to do
Speaker 1: this for you?
Speaker 3: It is not all brokers will do that. I mean
Speaker 3: as part of once you're just in kind of mind,
Speaker 3: we do that every twelve.
Speaker 1: Months and more automatically without even asking to the customers.
Speaker 3: Yes, yes, we approach those lenders regally for better discounts.
Speaker 1: Actually, you've called me before and randomly and said, hey,
Speaker 1: I've just spoken to the bank. I'm just getting you
Speaker 1: a discount of X basis points.
Speaker 3: Yeah, yeah, Look, it's just part of this ongoing service.
Speaker 3: But not every broker will do that for you if
Speaker 3: you're not on there, if you're not a customer or
Speaker 3: a client. Sorry, So it is best to be an
Speaker 3: ongoing customer of that broker, and the broker should regularly
Speaker 3: do that for you. But if not, you don't necessarily
Speaker 3: need to have a broker do it for you, and
Speaker 3: it won't necessarily get your better results either.
Speaker 1: I do like that idea. With a bank, you're a customer.
Speaker 1: With a mortgage broker, you're a client, it's a lot more.
Speaker 1: It's a far more valuable relationship. Absolutely, that has potential
Speaker 1: to save tens of thousands of dollars in interest, if
Speaker 1: not one hundreds of thousands of dollars of interest in
Speaker 1: valuable time.
Speaker 3: Purely unbiased advice. And we're constantly you know, everything that
Speaker 3: we do is built around them what's best in your
Speaker 3: best interest, not particular Linda or a bank.
Speaker 1: And do you charge when you go and call up
Speaker 1: a bank on your client's behalf?
Speaker 3: No, we don't charge fees at all. We're paid. That's
Speaker 3: part of the commission structure that we've got, you know,
Speaker 3: with an upfront payment from the loan that we do
Speaker 3: and then an ongoing trial commission, which is you know,
Speaker 3: public knowledge. Now you know, we don't hide from that,
Speaker 3: and that's explained in our credit proposal documents that we
Speaker 3: issue our clients as well, so that all that service
Speaker 3: is part of the commissions we get paid.
Speaker 1: And that's all very transparent as well.
Speaker 3: Absolutely, Yeah, it must be.
Speaker 1: How important is it to have an experienced mortgage broker
Speaker 1: having that high sort of contact rate or human contact
Speaker 1: rate up the food chain within a bank for complex
Speaker 1: applications or situations.
Speaker 3: Yeah, that's critical, and we don't always have that contact
Speaker 3: higher up, but it's it could be someone on the
Speaker 3: lower level who knows someone or just your relationships within
Speaker 3: that bank can get you there, because you know, bank
Speaker 3: credit officers who approve these loans the human They make
Speaker 3: human errors, and they don't know the customer or our
Speaker 3: client as well as we do. So it's really important
Speaker 3: to be able to get the message across about a
Speaker 3: customer if the credit officer doesn't necessarily understand the transaction
Speaker 3: or how their income is derived. So it's really important
Speaker 3: for us to have access in those situations to get
Speaker 3: the message across and help get the right result for
Speaker 3: our client.
Speaker 1: Okay, Now, for some listeners who've still got some pesky
Speaker 1: credit card debt leftover from Christmas time or the school
Speaker 1: holidays that they haven't been able to get back on
Speaker 1: top of, what are your thoughts about sort of drawing
Speaker 1: a line the sand, consolidating that debt and starting again.
Speaker 1: You know, can you do this yourself directly with your
Speaker 1: bank or do you need to speak to your mortgage
Speaker 1: broker about you know, refinancing.
Speaker 3: Oh look, you ken, it's a funny one. Credit cards.
Speaker 3: You don't want to be getting into a habit of
Speaker 3: consolidating credit cards into a mortgage.
Speaker 1: That's why you need a budget.
Speaker 3: Yeah, correct, And look, if you're trying to do it yourself,
Speaker 3: and if you've just come off an expensive Christmas and
Speaker 3: they're looking at your expenses, then the bank might knock
Speaker 3: you back and say, look, your budget is much higher
Speaker 3: than what you've stated based on your spending. But if
Speaker 3: that was only a one off month of spending, then
Speaker 3: you should be able to explain that. But going direct
Speaker 3: you may not get the right result that a broker
Speaker 3: would by being able to explain that upfront. So credit cards,
Speaker 3: if you can consolidate it, I'd either keep it as
Speaker 3: a separate loan amount. You know, if it's say fifteen k,
Speaker 3: you get a twenty k loan to clear those credit cards,
Speaker 3: and then you pay that thing off in two three
Speaker 3: years if you can as quickly as possible, because consolidating
Speaker 3: a small short term debt over a long term loan
Speaker 3: facility means you're paying interest on that Christmas for the
Speaker 3: next twenty five years. Not ideal.
Speaker 1: Yeah, all right, what's your best advice for just again,
Speaker 1: all right? What's your best advice to people who want
Speaker 1: to try and pay their mortgage off as quickly as possible,
Speaker 1: which I will add is a brilliant goal to have.
Speaker 3: Yeah, look, as we spoke about earlier, so constantly managing
Speaker 3: the budget, reviewing your budget and putting whatever surplus savings
Speaker 3: you've got from that budget into your mortgage where it's
Speaker 3: into your offset or your redraw. Offset and redraw can
Speaker 3: have a huge impact on interest savings over the long term.
Speaker 1: I think I actually saw something on your Instagram account
Speaker 1: where forty thousand dollars in an offset account or a
Speaker 1: redraw facility for a four hundred thousand dollars I think,
Speaker 1: like I say, six and a half percent interest rate
Speaker 1: saves like over one hundred thousand dollars in interest two
Speaker 1: years off homeland, which is I mean people who have
Speaker 1: emergency money sitting at a separate savings account and still
Speaker 1: against their home loan like matters.
Speaker 3: Yeah, you don't realize because when you're talking about extrapolating
Speaker 3: those savings over the twenty five thirty years, it's huge.
Speaker 3: So and some some clients I see and speak to,
Speaker 3: I've got savings account, I gr savings account Mcquarie. They've
Speaker 3: got their homelane and they've got an offset, They've got
Speaker 3: a little bit in their offset, but then they've got
Speaker 3: savings in other banks for rainy day or emergency.
Speaker 1: You know, we talked about Michael Thompson from how to
Speaker 1: theyre for that is twenty three different savings accounts.
Speaker 3: We've got, We've got you know, we've got access to
Speaker 3: credit or access to funds via our smartphones, so you
Speaker 3: can instantly transfer money around so that that need for
Speaker 3: emergency accounts in that other banks doesn't really exist anymore.
Speaker 3: And then if you're any interest on that, you're paying
Speaker 3: tax on it. Yeah, you know, it's much better used
Speaker 3: in an offset or in your redial account.
Speaker 1: Exactly. All right, coming up to the end, I've got
Speaker 1: a couple more questions, and these ones I am intrigued
Speaker 1: with your aunts. Oh sorry, you're sorry.
Speaker 3: Yeah. So another another thing to remember in something that
Speaker 3: I that I see often is you know clients who
Speaker 3: want to pay their loan off before they invest. You know,
Speaker 3: if you think you've got some room to invest in
Speaker 3: your cash flow and your budget and you want to
Speaker 3: plan for your retirement, do it. And that's something that
Speaker 3: we can help. We can help with. Borrowing to invest
Speaker 3: can help reduce your taxes, so you get a large
Speaker 3: attack refund every year. You use that to help pay
Speaker 3: off your home loan. You know, we consider the home
Speaker 3: we call the homeland bad debt investment line good debt.
Speaker 3: That's one way of doing it as long as you
Speaker 3: can afford it, and then it's much better to do
Speaker 3: it that way than to pay your loan off and
Speaker 3: then in the last ten years of your working life
Speaker 3: trying to invest and scrape together the money to you know,
Speaker 3: to buy, You're not holding it as long term as
Speaker 3: you could, so ideally you want to be investing earlier.
Speaker 3: That's another way to help pay off you your mortgage
Speaker 3: earlier as well.
Speaker 1: I think debt recycling is one of my favorite topics
Speaker 1: to talk about, so I feel like we need to
Speaker 1: do maybe a special Ask Adam debt recycling episode. So
Speaker 1: for the listeners right now, I want to hear that episode.
Speaker 1: Can you please make sure that when you're leaving us
Speaker 1: a rating a review, that you state that so that
Speaker 1: I can prioritize this particular episode as quickly as possible
Speaker 1: for you. All right? Next question is if we happen
Speaker 1: to get an interest rate cut a little bit sooner
Speaker 1: than anticipated, how do we use that cut to our
Speaker 1: advantage if we have a mortgage free goal.
Speaker 3: Your repayment's the same, so you'll start getting ahead and
Speaker 3: that can be invaluable. You know, I've had I've had
Speaker 3: examples of currents who lost their job or got run
Speaker 3: well and had some long term health issues so it
Speaker 3: couldn't work. So being ahead a couple of years on
Speaker 3: their mortgage was enormous. Keep the stress out of that
Speaker 3: of that situation for them. So I'd always recommend trying
Speaker 3: to keep your repayments the same regardless of how many
Speaker 3: rate cuts you get. You'll know then you'll really start
Speaker 3: smashing your mortgage debt. Your debt recycling is the other
Speaker 3: one you spoke about earlier. If you if you can
Speaker 3: then pay off extra through the rate cuts, split a
Speaker 3: bit of split a bit off your mortgage debt, recycle,
Speaker 3: go and invest. Yeah, that's another good way as well.
Speaker 1: All Right, I have this last question. It's a burning
Speaker 1: question of mine, and it's the reason why I've come
Speaker 1: up with this question is I'm starting to see a
Speaker 1: lot of mortgage brokers popping up on social media, and
Speaker 1: some of the things that I'm seeing are actually I
Speaker 1: would say incorrect, but they're questionable. So and you know,
Speaker 1: if you don't know, this was obviously I do. Being
Speaker 1: a financial planner, you could very innotantly assume that this
Speaker 1: person is experienced as a mortgage broker and knows what
Speaker 1: they're talking about, and I see a little bit of danger.
Speaker 1: You know, you don't know what you don't know almost
Speaker 1: How can we tell as a consumer that we are
Speaker 1: dealing with a knowledgeable, experienced mortgage broker that can actually
Speaker 1: handle our application smoothly and can actually genuinely get us
Speaker 1: a really good deal. How do it over in safe
Speaker 1: hands and knowledgeable hands?
Speaker 3: Well, I think first and foremost is a good mortgage
Speaker 3: broker needs to be organized, so organized with all your dealings, conversations,
Speaker 3: have a relationship, you know, a good relationship. Talk about
Speaker 3: something I'd like to talk about is ongoing relationships are
Speaker 3: not transactional. We don't consider you know, working with our corrents.
Speaker 3: It's not transactional. Once you're on board, you're part of family.
Speaker 3: So it's about moving forward together, helping you stay at
Speaker 3: the forefront of the best interest rates without refining you
Speaker 3: every year or two experience so you know, some good
Speaker 3: good knowledge and on difficult transactions, and being able to
Speaker 3: have those conversations with you directly over the phone, not
Speaker 3: being prepared for meeting things like that. These are a
Speaker 3: good mortgage broke with experience, off the top of their head,
Speaker 3: should have answers for the majority of circumstances or difficult
Speaker 3: issues to discuss. So I think probably those would be
Speaker 3: my key ones to take away from that and and
Speaker 3: just not feel any pressure. I think if you're feeling
Speaker 3: pressure and a rush from a broker, you know, there
Speaker 3: might be other reasons for why they're working for you.
Speaker 3: It's not so much at your best interest and pushing
Speaker 3: it's one thing that I will never do. I just
Speaker 3: don't push push my clients. It's working at their pace
Speaker 3: within a reason, within reason, you know. But unless you've
Speaker 3: got unless you've got critical timelines and settlement deadlines, you
Speaker 3: shouldn't be feeling that type of pressure and constant stress
Speaker 3: from a broker hassling you.
Speaker 1: And if your gut, I guess smell something's not quite right.
Speaker 1: Your intuition is very powerful.
Speaker 3: Yeah, And look, I think over the last sort of
Speaker 3: five years, a lot of those you know were referred
Speaker 3: to as cowboy brokers that weren't necessarily tewing the compliance
Speaker 3: lines and things like that aren't really around anymore. The
Speaker 3: pressures of being in business and as a mortgage broker,
Speaker 3: which has really turned the corner into that profession, recognized profession.
Speaker 3: Now then a lot of those are gone, but there
Speaker 3: I think some key things to look out for, and
Speaker 3: a good mortgage broker will do those things for you.
Speaker 1: All right, amazing, Well, thank you so much for allowing
Speaker 1: us to pick into your good quality mortgage broker brain.
Speaker 1: As everyone knows, this is part of our Ask Adam
Speaker 1: miniseries which is here to stay, and I'm so thrilled
Speaker 1: and honored and excited to be able to, I guess
Speaker 1: provide Adam's brain for your benefit, guidance and greater financial
Speaker 1: security in this day and age. All right, everyone, thank
Speaker 1: you for listening to today's episode. Until next Monday morning.
Speaker 1: Please stay motivated, stay educated, empowered, and never stop seeking
Speaker 1: ways to achieve your financial goals and dreams. I believe
Speaker 1: in you, what you're chasing and what you are worthy
Speaker 1: of achieving. This is sugar Mama's fire