MORTGAGE BROKERS – YOUR ULTIMATE HOME LOAN WINGMAN

What is a mortgage broker?

A mortgage broker is someone who can help you find the best home loan for you. They have access to many banks, lenders and credit unions, whether big or small. They can compare these to give you the best possible outcome, kind of like Webjet (comparing flights). Think of a mortgage broker as your Home Loan Wing Man!

Why would I need one?

-           They look after all the paperwork needed for you to get a home loan.

-           They can help you save money when they compare banks and interest rates.

-           They can help AVOID any mistakes (mistakes always cost money!)

-           They are also able to chat with banks specifically about you to see if they can get a better rate, lower fees or flexible terms.

-           They don’t just treat you like a number like the big banks – they work closely with you to understand your needs and find the right lender for you.

-           You can reach out to them with you questions any time you need/like.

-           Let’s be honest, they understand the market better than you (no offence!)

-           They can help with other things too – such as car loans or investments.

What information would a broker need from me?

They would ask you for some basic information to start with, like how much you get paid (payslips) and if you’ve had any debt/credit issues in the past.

How much will a mortgage broker charge? Who do they work for?

Most mortgage brokers don’t charge you a thing! The beauty of having a broker is that they are paid via the banks/lenders. They work for YOU.

What if my financial history isn’t good?

As we mentioned above, they have a wide range of different banks and lenders they are connected with so there is always an option for everyone!

Interested in getting yourself your very own Home Loan Wing Man? Call Dion 0402 814 022