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The Bank of Mum & Dad: One of Australia’s Biggest Mortgage Lenders | EP 22

By Coposit

09 Apr 2024 · 1 min read

If you're a first-time property buyer looking to get into the market, you're probably well-acquainted with one of Australia's largest mortgage lenders: The Bank of Mum & Dad.

In this episode, our team delves deep into the world of BOMAD, exploring its definition, uncovering the advantages and potential risks associated with seeking familial support, and shedding light on alternative options that are available.

If you liked this episode, make sure you’ve subscribed to our channel for more in-depth discussions on property trends, Australian real estate, and actions for buyers looking to break into the property market.

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Original video and story by Kirstie McConnell: https://www.tiktok.com/@kirstiemcconnell/video/7348684220371455240

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