Choosing a Mortgage Broker

Choosing a Mortgage Broker


What is a Mortgage Broker?


Firstly it is important to understand what a Mortgage Broker is.
A mortgage broker acts as an intermediary between the borrower and the lender. Lenders are banks and non-bank lenders such as building societies and credit unions.

 

What a Mortgage Choice broker will do for you

  • Evaluate your needs
  • Calculate your borrowing power
  • Compare your options with up to 28 lenders
  • Give you expert advice
  • Do all the legwork
  • Submit an application with a lender of your choice
  • Liaise with the lender on your behalf
 

Benefits of using a Mortgage Broker


A Mortgage Broker has access to a number of lenders. This means more choice for you.


Mortgage Choice have a panel of 28 lenders, so we can match the best lender and product/s to your needs. We will help you find the best loan to suit you now and in the future.


Things to consider when choosing a Mortgage Broker


The most important thing when choosing a Mortgage Broker is to pick the person who is going to do the best thing by you. You will need to ask yourself a number of questions and decide what the most important thing is for you.


These are some questions you could ask yourself to help choose a broker

 

  • Does the broker have your best interests in mind?
  • Can the broker provide a full discloser of commissions?
  • Do they hold an Australian Credit Licence or Credit Representative Status?
  • Are you able to choose from a wide range of lenders?
  • Do you have to pay for the broker’s assistance?
  • So, what makes a Mortgage Choice Broker Different?

 

Mortgage Choice brokers are paid the same no matter which lender you choose.


Why is this important?


As we are paid the same regardless of which lender you choose it means there is no bias and no financial advantage to encourage you apply with a certain lender. Simply, this means I will have your best interests at heart when helping you find a mortgage and lender that best suits your needs.

 

If you need any help with your mortgage please call me on 0447277321 or email tara.williams@mortgagechoice.com.au

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