About this episode
There is a lot of mortgage advice out there that is confidently wrong.And the cost of following it isn’t just money, it’s time. Sometimes years of your life spent under pressure you didn’t actually need.In this episode of Making Cents, we’re cutting through the biggest mortgage myths that trip people up both before they buy a home and long after they’ve signed the papers.From “cleaning up” bank statements and chasing the lowest interest rate, to misunderstood rules around deposits, credit scores, extra repayments, and offsets, this is the stuff that sounds smart on paper, but can cost you hundreds of thousands of dollars over time.Mortgage Man Aaron Cattell is a mortgage adviser on the front lines, working with real borrowers, real numbers, and real lending rules, and he’s ready to let you peek behind the curtain.We break down:What banks actually care about when approving a mortgage (and what they don’t)Common mortgage-ready myths that no longer apply in New ZealandWhy loan structure matters more than chasing the cheapest interest rateThe simplest ways to cut years off your mortgage, without needing a windfallWhen extra repayments, lump sums, offsets, or revolving credit actually make senseThe tactics that sound clever, but Aaron would ban tomorrowIf you’re buying your first home, refixing soon, or just want more control over the biggest debt most people will ever take on, this episode will help you avoid mistakes that quietly steal time from your future.Follow me everywhere!Facebook / https://www.facebook.com/FrancesCookNZInstagram / https://www.instagram.com/francescooknzTikTok / https://www.tiktok.com/@francescooknzJoin the Money Memo newsletter for a free weekly money tip in your inbox each week
