The top six advantages of using a mortgage broker

Shopping, watching a movie, catching up on the news – there are many things that are cheaper and easier to do online these days. But obtaining a quality home loan? Well, the only time you’ll want to use the internet for that is connecting with an expert.

When it comes to picking a home loan, people tend to go for one of three options: search online, visit their bank, or use the services of a mortgage broker.

Here we look at six reasons why a mortgage broker is hands-down the best option to find the right home loan for you:

1. We work for you, not for an institution

Mortgage brokers are independent professionals who have access to home loans from a wide range of different lenders to fit all clients needs.

A bank will only offer you access to its own products, which may not necessarily be the best fit for your personal situation.

A broker works on behalf of the client, picking suitable products from a number of different lenders in order to give you the best choice.

2. We’re faster

Mortgage brokers are specialist professionals who concentrate on finding suitable home loans for their clients.

Our processes are often simpler and much faster than you can expect from a bank, where processing and approval can take weeks.

3. You have more chance of success

When you work with a mortgage broker, you are given access to dozens of home loan products from various lenders.

This means there’s a far greater chance of finding something suitable, rather than simply relying on the products of a single institution.

We also know which ones you’re most likely to have success with, which can save you countless hours of applying online yourself.

4. Our livelihood depends on great service

Most mortgage brokerages are small, independent business owners who know that good reputation and word-of-mouth advertising are vital to their continued success.

That’s why our number one incentive will always be to deliver excellent results and impeccable customer care.

5. We do all the hard work for you

So you’ve just picked out the home of your dreams. You should be spending time comparing wallpaper patterns, not figuring out how to file all the paperwork.

Fortunately, we take care of all the paperwork on your behalf, making the lending process as simple, fast and convenient as possible.

6. A mortgage broker will save you interest

One thing we are intent on is working with you to show you the best way to structure your home loan to be freehold faster.  For many clients this means years off the term of the loan and thousands of $$ in saved interest costs.  I love it when I get to show clients their potential in being free hold faster.  The choice between a 30 year loan term or ten years less will be in your favour financially .

So, get in touch!

If you, a friend or a family member is looking at purchasing a home in the near future, then get don’t hesitate to get in touch OR if you want a review to make sure your are on the right track with your

current loan structure call us. By making the process of finding finance easier for you, you’ll have more time to use the internet for what it was truly made for: online shopping, watching a flick and catching up on the news!

 

Disclaimer: The content of this article is general in nature and is presented for informative purposes. It is not intended to constitute financial advice, whether general or personal nor is it intended to imply any recommendation or opinion about a financial product. It does not take into consideration your personal situation and may not be relevant to circumstances. Before taking any action, consider your own particular circumstances and seek professional advice. This content is protected by copyright laws and various other intellectual property laws. It is not to be modified, reproduced or republished without prior written consent.