Finance On Tap Podcast
Finance on Tap Podcast is where Australia’s finance world meets straight-up conversation. Hosted by Dan Woodrow, Baxter, and Nathaniel — three high-performing mortgage brokers and the brains behind Woodrow Finance — this show is your weekly dose of honest, no-fluff insights into property, finance, and business.
Every episode, the team pours out:
- Real-life client journeys
- Wins for first home buyers & tips for savvy investors
- The inside scoop on running a modern brokerage
- Personal stories, challenges, and lessons learned
- Where the finance industry in Australia is heading
Whether you're buying your first home, growing your brokerage, or just want to understand what really goes on behind the loan process, Finance on Tap serves up real stories, smart strategies, and actionable advice that usually stays behind closed doors.
With a healthy mix of banter and business, this podcast keeps things real, relevant, and refreshingly unfiltered.
🔍 Perfect For:
- First home buyers & property investors
- Mortgage brokers & finance professionals
- Entrepreneurs building service-based businesses
- Anyone who values real talk and sharp financial strategy
Keywords: mortgage broker podcast Australia, Australian finance podcast, first home buyer advice, home loan tips, property investment Australia, Woodrow Finance, business growth podcast, mortgage broker success stories, finance and property podcast
Finance On Tap Podcast
Episode 4: Let's Talk LMI
In this laughter-and-knowledge-packed episode, Dan, Baxter, and Nathaniel crack open a Mountain Culture “Juice Trip” Hazy IPA and unpack one of the most misunderstood topics in Australian property finance: Lender’s Mortgage Insurance (LMI). They debunk myths, share real client stories, and explore how LMI—often seen as a barrier—is actually an enabler for buyers with low deposits. From professional LMI waivers to strategic lending using non-bank lenders, the boys break down complex concepts into casual, beer-fueled banter. Plus, stick around for Rate or Mate, their new competitive game guessing banks’ interest rates, and hear a dad joke to finish strong. It’s finance, but fun.
⏱ Episode Breakdown
0:00 – Opening Cheers & Beer Review
Baxter introduces the craft beer pick: Mountain Culture Juice Trip
The team gives a lively sensory review (7% ABV gets honourable mention)
5:15 – Business Banter & Team Growth
The boys reflect on their firm’s growth and the importance of being “present” at work
Key insight: “Growth is just showing up consistently and being willing to learn.”
10:30 – LMI Deep Dive
What is Lender’s Mortgage Insurance?
Why it exists and who it protects (spoiler: not the buyer)
The infamous million-dollar loan example explained
Real-world example of repossession and how LMI kicks in
17:30 – When LMI is Your Friend
LMI as “opportunity finance”—a gateway for people with lower deposits
Case studies on using LMI to buy sooner or secure better properties
Strategic use: Buy two properties with LMI instead of one without
24:45 – LMI Waivers & Who Qualifies
Government schemes, professional waivers, and guarantor loans
Professions that qualify (nurses, doctors, essential services, etc.)
Banks stepping up to reduce barriers with broader waiver criteria
31:00 – Lender Comparisons: When Higher Rates Make Sense
Comparing Pepper vs. Major Bank for a tradesperson
Saving $15K upfront vs. long-term interest tradeoff
The value of refinancing as equity grows
38:00 – Rate or Mate Game Debut 🎲
Hosts battle over who knows bank advertised interest rates best
AMP vs. ME Bank, Arthur Mac vs. First Federal
Spoiler: Nathaniel dominates
41:30 – Beer, Ties & Dad Jokes
Should Dan wear a tie on the podcast? The audience decides
Weekly dad joke: “How did the scarecrow get a promotion? He was outstanding in his field.”
📣 Like What You Heard?
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