Friday, September 08, 2006

why use a mortgage broker

It’s not that long ago that the only real choice confronting homebuyers was which bank to borrow from. For most people that wasn’t really a choice at all – you went to the people you’d always banked with. But over the last few years, things have changed. New lenders have burst onto the scene, offering many new types of home loans. But who has the time to sort through all the options?

So why use a mortgage broker?

A good broker can help you to understand the various loan deals that are on offer, explaining the features and details that can make a big difference to your repayments. Your broker will also lodge your application. Nowadays this is often done electronically, which saves time. Your broker will even chase your application with the lender. So your broker is more than your advisor, they are your single point of contact for the whole process – and they do most of the work for you! Using a mortgage broker can result in substantial savings in time and money – but it’s important to choose the right one.

Make sure your broker is a fully qualified and trained mortgage professional who maintains MIAA (Mortgage Industry Association of Australia) accreditation. Also, you shouldn’t be charged for your broker’s service.

Who to talk to? We have an excellent relationship with a number of brokers.

This is a free plug for a walking talking fully qualified and trained professional mortgage broker who ‘lives and breathes’ home loans, and best of all doesn’t charge you for his service!

Andrew Mirams
Smartline Mortgage Brokers 03 9645 3377

0 Comments:

Post a Comment

<< Home