Why Every Lender Thinks Differently | No BS With Birchy | EP 219
Description
In this episode, Nathan is joined by Sumit from Zinger Finance to discuss the recent major changes in the lending landscape.They also explore government schemes like Help to Buy, the operational costs of multiple trusts, and practical solutions for navigating the current lending environment. A must-listen for anyone building a property portfolio in today's market.
00:00 - Welcome & introduction
02:32 - Recent bank policy changes
03:22 - Hidden costs of trust structures
05:29 - What is DTI (Debt-to-Income)
06:34 - High cashflow properties = borrowing power
07:41 - 3 key tools regulators use to control lending
08:27 - Understanding buffer rates
09:32 - Supply vs demand and why prices keep rising
10:46 - The government incentive schemes
14:37 - Buying a $1M property with $20k deposit
18:09 - Market cycles and what 2016-2019 taught us
20:42 - Bank vs non-bank lenders
23:13 - Interest rate realities
25:01 - Why some investors avoid building their portfolio
27:12 - Processing delays
29:52 - Macquarie & CommBank trust lending changes
32:04 - The social media 'infinite lending' problem
35:35 - How some trust structures can limit growth
39:33 - Why having ther right team around you is key
42:19 - Planning, planning & planning
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