When it comes taking out a home loan, it can be tempting to simply go to your bank - after all, you have a good relationship with them, don't you? You already have several accounts set up with them, as well as a credit card, so why not your home loan?
Mortgage brokers are independent and impartial. They help tailor a home loan solution to suit your exact needs. With access to over 30 trusted lenders, Collins Home Loans offers a comprehensive mortgage broking service to ensure you are matched to the best possible loan option to suit your current circumstances.
Choice - With access to over 30 trusted lenders, our mortgage brokers are up to date with all the deals and offers from all the lenders. Every situation requires a tailored response and our mortgage brokers will sit down with you and examine exactly what you require in order to find the right product for your circumstances.
Convenience - Taking out a home loan is going to be one of the biggest (most complex) purchases of your life. It is important to have someone by your side that can do the heavy lifting for you; take care of all the information-gathering, chasing up, comparing, consulting, and analysing. You also need someone who can meet you at a time and place that suits you. Who will follow up with you throughout the entire process, ensure you are keeping on top of when forms are due and what the next steps will be.
A mortgage broker will do the heavy lifting for you which will include a comprehensive step by step process to ensure that your application has all the required information it needs, in order to lodge the paperwork on your behalf. They’ll also tailor your meetings to suit your time and place preferences.
Mortgage Brokers generally charge a small fee for their services which comes out of the commission they receive from lenders. The commission structure and amount will vary depending on the lender as well as the size of the transaction.
When you first meet up with your mortgage broker, be sure to bring the following documents with you, to make the process easier:
Our mortgage specialist will guide you through your loan selection process in 3 easy steps:
1. Assess your needs
Your mortgage specialist will assess your current circumstances, financial situation, and objectives, based on all the information you can provide. Afterwards, we’ll be able to determine exactly the kind of assistance you need.
2. Recommend some mortgage products
Your broker will then use a specialised home loan calculator to determine which of our 30 lenders could provide the best home loan deal for you.
3. Negotiate on your behalf and assist with the best choice
Here’s where you get to be a part of the decision-making process together with your mortgage specialist, you’ll choose the right home loan to suit your needs at the moment. Once you’ve made your choice, you will be guided you through the process of applying for a home loan through Collins.
Oh, and don’t hesitate to ask your mortgage specialist anything about the whole procedure. With a wide range of expertise regarding loan-related matters and substantial (and practical) experience, our brokers are here to help you out to the best of their abilities.