SAVE TIME, STRESS AND SHOE LEATHER
Take the leg work out of financing your property by engaging a mortgage broker. If you’re buying your first home or investment property – or looking to move to a bigger and better one – speaking to a mortgage broker is a good first step. A broker will sit down with you, usually in your own home or another location convenient for you, and show you the range of loans available from different lenders. They will then help you narrow them down to a loan that might suit your needs. The role of mortgage brokers has evolved. As well as identifying the most appropriate mortgage they’re becoming a key partner in helping borrowers secure other finance – such as personal loans, or leasing – as well as insurance and property-related services.
Managing the loan process – from start to finish
Once you’ve chosen the loan you’re comfortable with, your broker can help fill out the necessary paperwork to get the loan process underway. This might include submitting your home loan application on your behalf, communicating with all the relevant parties and managing the entire process until your home loan is approved. If you decide you want to switch home loans or refinance at a later stage, your mortgage broker can also help you source new loans that will suit your financial needs and help you through the process every step of the way. Your mortgage broker can also refer you to a specialist to assist with your other financial needs – such as arranging home and contents insurance, income protection insurance or personal loans.