Episode 007: Expert Mortgage Tips with Carly Hookem

Welcome to the Property Pulse Podcast! Join host Geoff Tomkins in an insightful conversation with Carly Hookem from Mortgage Choice, a seasoned professional with a wealth of experience in finance and mortgage solutions. Guest Profile: Carly Hookem embarked on her journey in finance in 2007, starting in banking before transitioning into financial planning in 2012. In 2018, Carly made the bold decision to purchase a Mortgage Choice franchise, where she has since expanded her business to three franchises. With a passion for helping clients navigate the complexities of finance, Carly brings invaluable insights to the podcast. Key Discussion Points: Journey in Finance: Carly shares her career trajectory from banking to financial planning, culminating in her ownership of multiple Mortgage Choice franchises. Interest Rate Projections: Gain insights into the projected movement of interest rates over the next one to two years and how they impact property investments. Buffer Rates and Loan Servicing: Learn about the challenges of loan servicing and the potential for banks to adjust buffer rates to aid borrowers. Incentives for First Home Buyers: Explore the incentives available for first home buyers in Queensland, including grants and low-deposit schemes. Family Guarantee: Understand how the family guarantee works and how it can assist first home buyers in securing a property without a large deposit. Utilizing Property Equity: Discover strategies for investors to leverage equity in their properties to expand their investment portfolio without relying solely on savings. Importance of Loan Structure: Carly emphasizes the significance of setting up loans correctly from day one to maximize borrowing capacity and optimize tax benefits. Borrowing in a SMSF: Gain insights into the complexities of borrowing within a self-managed super fund and the considerations involved. CONNECT WITH GEOFF TOMKINS Website: https://gctproperty.com.au/ Email: [email protected] Phone: 0404 852 781 CONNECT WITH US ON SOCIALS YouTube: https://youtube.com/@geofftomkinsgctproperty?si=5Mx29Lk1oGvQrs33 Facebook: https://www.facebook.com/gctproperty Facebook Group: https://www.facebook.com/groups/southeastqueenslandpropertyinvestmenttips/ Instagram: https://www.instagram.com/gct_property/ LinkedIn: https://www.linkedin.com/in/geoff-tomkins-a81568209/ TikTok: https://www.tiktok.com/@geofftomkins?is_from_webapp=1&sender_device=pc Connect with Carly Hookem Phone: 0438 264 988 Email: [email protected] Web: https://www.mortgagechoice.com.au/carly.hookem/ Don’t miss out on future episodes! Subscribe to the Property Pulse Podcast for more insights on real estate, property investment, and financial planning. General advice warning: The information on this podcast is of a general nature. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives, and requirements and seek financial advice before making any financial decisions.