It’s episode #28 of the Tea & Mortgage podcast with Ireland’s favourite mortgage broker, John Coleman!

In this episode, John and American co-host Norm Schriever go in-depth on the new Flex Mortgage offering from Avant Money.

Dare we say this is a “Tracker Mortgage,” but it’s not the same type of tracker loan that go so many banks in trouble during the worldwide financial reshuffling of 2008. Those tracker mortgages definitely come with bad memories and negative connotations, but this new & improved tracker mortgage – the Flex Mortgage by Avant – is not the same animal.

Instead, you your rate is linked to the 12-month Euribor rate and will be reset each year based on 12-month Euribor market rates. That means it could go up or down, but only once a year, and will be less volatile than your father’s Tracker Mortgage.

Furthermore, you have the flexibility to overpay your mortgage anytime or move to another product with no penalty, but can benefit from a variable rate as low as 3.30%.

In the podcast, we also talk briefly about the movie, The Big Short, about the mortgage meltdown in the United States.

And John shares his review and experience of Michael Jackson the Musical, a theatrical show he recently saw in London.

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As always, please contact us if you have any questions about the new Flex Mortgage or need anything at all!

- John Coleman

JC Mortgages
☎️ 01-8102032
📲 086 3970039
📩 john@jcmortgages.ie
💻 www.jcmortgages.ie

In this episode, we focus in on a somewhat rare and seldom used mortgage tool, bridging loans.

For those who aren’t aware, bridging loans are short-term financing solutions designed to provide immediate funds to home buyers or sellers, typically to bridge the gap between the purchase of a new property and the sale of an existing one. They are commonly used in scenarios such as buying a new home before selling the current one, purchasing properties at auctions, or financing property renovations.

They constituted a small portion of total mortgages in times past but after the mortgage meltdown of 2008, completely dried up along with other “exotic” alternative mortgage products,

However, they have seen a resurgence in recent years thanks to ICS Mortgages, who reintroduced bridging loans to the Irish market with their Housing Bridge Loan product as of October 2024.

For most of you, this information will never apply (but it’s still good to be aware of the option).

But for those who find themselves in certain situations between buying and selling, bridging loans are an incredibly powerful tool that provide a perfect stop-gap solution to your financing needs.

As always, enjoy the podcast, thanks for sharing, and please let me know if you’d like any information or help with bridging loans!

- John Coleman

JC Mortgages
☎️ 01-8102032
📲 086 3970039
📩 john@jcmortgages.ie
💻 www.jcmortgages.ie

Welcome, everyone to the Tea and Mortgage podcast episode #26! We hope you enjoy these little chats and get some value out of them.

Speaking of which, today we’re going to talk about a recent significant milestone for JC Mortgages, as we just received out 200th Google review!

Not to pay ourselves on the back (pat, pat), but most remarkable is that John Coleman and the entire team at JC Mortgages has an average 5-star rating on Google even after 200 reviews!

So, today we’ll talk about that milestone, why it’s truly a testament to the team and wonderful people working here, and why we focus so much on improving the client experience.

But we’ll also have some fun talking about the one relatively bad review (3-stars) John received, and shout-out JC Mortgages’ recent inclusion on the list as a top-5 mortgage broker in all of Ireland!

Thanks for tuning in, subscribing, and, of course, your wonderful 5-star reviews!

- John Coleman

JC Mortgages
☎️ 01-8102032
📲 086 3970039
📩 john@jcmortgages.ie
💻 www.jcmortgages.ie