November 03, 2020 by Lauren Murphy
Buying a home is one of the most significant and rewarding financial decisions you can make. If you are ready to take your first steps towards property ownership, congratulations!
All of Australia's lenders boast different interest rates and lending policies. So, while one lender may be happy to finance your property purchase, another may not.
Your local broker will know which lenders are happy to finance your home loan application – regardless of your background, financial history or current financial situation.
Most importantly, a broker will be able to answer any questions you have, give you tailored advice to achieve your goals, and explain concepts you may not have considered.
But why not go straight to the bank?
Unlike a broker, banks will only be able to offer you their own home loan products, which will limit your options. A mortgage broker will save you a considerable amount of time by doing all the leg work for you by comparing a range of home loans from a variety of lenders.
Each time you approach a lender to apply for a loan and are turned down, it will show on your credit history. As your local broker, I can assess your full financial situation and help you understand your borrowing power and loan serviceability without adding to your credit history.
How are Mortgage Choice brokers paid?
Mortgage Choice mortgage brokers always act in your best interest. We are paid the same rate of commission regardless of which lender you choose to go with.
Call us today on 0408 480 562 or book an appointment directly from this website. We service Raymond Terrace, Maitland and the Hunter region.
