Welcome to The Gagliardi Scott Real Estate Podcast brought to you by two of our directors, Gerald Sabri and Rocky Gagliardi.   On this show, we look forward to bringing you informative real estate information, special guests, hot topics, and much more!   In this week's episode of the GSRE Podcast, we feature Tori from Broker House and Joel from Westpac.   On today's show, we cover… An insightful discussion on real estate financing, current market trends, schemes for first-time homebuyers, and the implications of the high-rate market. Find invaluable tips on navigating credit checks, understanding the significance of Lender's Mortgage Insurance (LMI), and the relevance of pre-approvals in the context of both buyers and real estate agents. The episode further delves into the various grants and schemes set up by the government to aid potential homebuyers. Each scheme, from the first home buyers' grants to the family home guarantee, is thoroughly explained to provide a robust understanding of their benefits and prerequisites. The conversation caters not only to first-time buyers but also to seasoned investors, making this episode a comprehensive guide through the intricate world of real estate finance. Besides the regular topics, the discussion also explores practical problems around loan applications and approvals, insurance coverage for properties affected by natural disasters, client borrowing capacities, and the value of a steady income stream in the current financial situation. The experts unwrap the concept of bridging loans and venture into possible alternatives. The show wraps with the panel's forecast on future interest rates and throws light on the recent patterns with construction loans.   Thanks for listening!   * Disclaimer - The information provided in this podcast is reliable but may be subject to change. Please consult your trusted legal and property representatives before taking action.*   SPECIAL MENTIONS: This podcast is professionally mixed and edited by AttentionMedia.   LET’S MAKE THIS GROW! If you enjoyed this episode, the biggest compliment you can give is to leave a rating and review! Reviews are extremely helpful to boost the ranking of the show, plus, we read each and every review on the show!  Review on Apple Podcast Review on Spotify To ensure you don’t miss an episode please subscribe and follow on your preferred podcast platform or head over to the Gagliardi Scott Real Estate Socials Pages.