S9E4: Think You Can't Afford a Home Watch This First, with Ankita Bajaj from Finserve Solutions

Many Australians believe they need a 20% deposit before they can buy a home. But what if waiting is actually costing you more? In this episode of The No BS Real Estate Podcast, Jo Agresta sits down with mortgage broker Ankita Bajaj from Finserv Solutions to unpack one of the biggest misconceptions in property finance. They discuss: • Do you really need a 20% deposit? • What lenders mortgage insurance (LMI) actually is • When paying LMI can make financial sense • How rent can impact your long-term wealth • What banks really look for when assessing borrowers • Why borrowing capacity is often misunderstood • The biggest mistakes buyers make before applying for a loan • Fixed vs variable interest rates • First home buyer schemes and government incentives • How to prepare yourself financially before entering the market If you're a first home buyer, investor, or someone who's been waiting for the "perfect time" to buy, this episode will help you better understand your options and make more informed decisions. Connect with Ankita Bajaj: https://finservs.com.au/ 📲 Not every property decision starts with finding the right home. It starts with understanding what you can realistically afford and whether you're ready to enter the market. Abodey helps homebuyers and investors understand which properties genuinely align with their goals, lifestyle and budget — turning complex property data into plain-English insights so you can buy with greater confidence. Download Abodey: https://abodey.com.au Subscribe for practical property, finance and investing conversations with real experts every week. #PropertyAustralia #FirstHomeBuyer #MortgageBroker #HomeLoans #PropertyInvestment #RealEstateAustralia #LMI #MortgageAdvice #PropertyMarket #NoBSRealEstatePodcast #JoAgresta #Abodey #PropertyBuying #AustralianProperty #FinancePodcast