The mortgage application process got more difficult last year, and right now, I’m experiencing this first hand. Today I talk to leading mortgage broker Andrew Montlake of Coreco, and he’s going to tell us what we need to KNOW, and what we need to DO when applying for a mortgage.
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In this session you will discover:
- What the mortgage application process involves
- How the Mortgage Market Review has made applying for a mortgage more difficult
- Why affordability is a bigger deal than income multiples when working out how much you can borrow
- How to make your life easier when applying for a mortgage
- The advantages of using a mortgage broker over going direct
Since recording this session, my mortgage has been agreed, thankfully! But the whole mortgage application process has really got me thinking and I'll be putting together a blog post about it very soon. in the meantime, there is tons of value in this conversation with Monty – enjoy!
As always, a full transcript is available by clicking the mahoosive blue button below:
Resources mentioned in this show
Website: Monty's Blog
Join the conversation
I love to read and respond to your comments, so please do join in and share. Question: Have you had difficulties applying for a mortgage? If so how did you overcome the issue?
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My thanks to Chobra84 for his review this week!
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