Money Chats & Mishaps

Brooke Juracic on Mortgage Mishaps: Real Client Stories & Broker Confessions


Listen Later

In this episode, Renae is joined by Brooke Juracic, owner of Gold Coast Wealth and a finance professional with over 10 years of experience, for a hilarious and eye-opening conversation about the wildest moments in mortgage broking. From first-time buyers who ignore savings plans and bid at auctions without pre-approval to clients who buy $18,000 worth of baby shower celebrations while facing house repossession, Brooke and Renae share real stories that reveal the importance of preparation, communication, and listening to your broker's advice.

Brooke shares heartbreaking and triumphant stories, including a first-time buyer who lost everything in a break-in just before signing contracts but finally achieved homeownership five years later, and clients who insisted on bidding $1.375 million at auction despite being told they could only afford $900K. Her insights provide a deeper understanding of why financial literacy matters, why savings plans work like diets (don't cut out everything at once), and why going to auctions emotionally invested is a recipe for disaster. She emphasizes that preparation isn't optional—it's the difference between getting your dream home and losing your deposit.

In the final part of the episode, the conversation delves into complex commercial and SMSF deals, including a duplex development with six SMSF beneficiaries that required navigating countless compliance hoops. Brooke and Renae discuss the chaos of wet signatures across Queensland, dealing with eccentric clients (including one whose voicemail was bird calls), and why you should never, ever make major financial changes during the loan process. With practical advice wrapped in humor and hard-earned wisdom, this episode offers essential takeaways for anyone navigating property finance, from first-time buyers to experienced investors.

DIVE DEEPER // RESOURCES:

📋 Need help streamlining your business? Connect with Renae Long

Email: [email protected]

💼 Looking for mortgage advice or refinancing support? Contact FAM Brokers

Website: www.fambrokers.com.au

Email: [email protected]

🎙️ Join our Money Chats & Mishaps community

Instagram/Tiktok: @moneychatsandmishaps

Facebook: Money Chats & Mishaps

📧 Subscribe to our newsletter for weekly finance tips and property insights

Sign up: www.fambrokers.com.au/subscribe

💬 Have a money mishap story to share? We'd love to hear from you!

Email us: [email protected]

...more
View all episodesView all episodes
Download on the App Store

Money Chats & MishapsBy FAM Brokers