Good advice can mean the difference between sinking and swimming. It can separate the ordinary from the extraordinary.
By seeking expert advice for your borrowing needs you can avoid costly mistakes and build a solid foundation from which to navigate future challenges. Here are the top four reasons why a Mortgage Broker can help get your new year off to a great start.

1. Expert advice

Banks deal with all types of loans, whereas mortgage brokers are specialists in selling mortgage and mortgage related products. Whether you are a first home buyer, investor or re-financer, your mortgage broker has the knowledge to expertly guide you through the process. They stay up-to-date with new products, promotions and regulations and are a great source of information about all things home loan.

  2. Personal attention

There are many steps in the home loan process and a professional mortgage broker will help you through: taking care of the paperwork, managing the application process, assisting with settlement. They take the time to work one-on-one with you to evaluate your specific needs and find a lender that suits you personally.

  3. Save money

Mortgage brokers have access to a large network of lenders, which puts them in the driver’s seat when it comes to securing competitive rates and terms that fit your situation. They deliver advice on your financial options, and unlike banks they are not necessary restricted to choosing the products of one lender.

   4. Save time

Often people avoid refinancing their loan because it takes so long to compare one lender to the next. Mortgage brokers can save you the leg work by showing you multiple lender product offerings at just one visit. The amount of time they can save in phone calls and emails to make sure your loan is set up properly and approved on-time is priceless.