From here, your broker will determine your borrowing capacity – that’s how much you can afford to take out as a home loan based on your circumstances.
Next, your broker will use our sophisticated Loan Qualifier software to compare hundreds of home loans from a wide choice of lenders, including the big four banks. Your broker will explain the pros and cons of each loan you qualify for, and provide useful tips on what you can do to help your loan application over the line.
If you decide to go ahead with an application, your broker will prepare all the paperwork and guide you through the entire application and settlement process including handling any queries from the lender on your behalf. Your broker will also speak with you about having insurance in place that protects your ability to keep up with loan repayments should something happen to you.
And this expert home loan advice comes at no cost to you. Also, a Mortgage Choice broker gets paid the same rate no matter which loan or lender you choose from our wide choice of lenders. Your Mortgage Choice broker can also introduce you to a Financial Adviser, so we can provide you with the right financial advice to suit your situation.
With so much to benefit from, give your Mortgage Choice broker a call today and know your first meeting is putting you a step closer to achieving your home buying goal.
Get the right home loan advice at no cost to you. Talk to your local Mortgage Choice broker today.