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Mortgage Corp
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More Competitive Interest Rates:
The bank鈥檚 loan officer is there to sell products only offered by his bank. Those loan products may or may not be best suited for your situation. An independent mortgage broker can help you pick the most competitive deal 鈥?a product that鈥檚 not only ideal for you, but also on the terms you鈥檇 like. Better still
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Better Loan Options:
Independent mortgage brokers do not limit their offerings to a select few products. They work with several banks and other lending institutions across Australia to help you shop for the best loan options. Remember to check with the lender about the number of lenders they deal with. It鈥檚 good to choose a lender who offers more choice, but with too many lenders
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Free Service:
Independent mortgage brokers are paid by the bank once the investment or home loan is approved. You do not have to pay a single penny towards their service. However, MFAA accredited mortgage brokers are legally obligated to disclose these fees or commissions paid to them. A good mortgage broker promptly reveals the amount of commission they have received just so that you know that there is no hidden agenda.
Saves Time:
Wouldn it be great if a mortgage broker could do all the research for you by comparing the different loan options and even negotiate lending terms and interest rates on your behalf? That鈥檚 exactly what an independent mortgage broker does! Some broker