Why Use a Mortgage Broker

As Mortgage Brokers, we take care of all aspects of the application process and our application form is accepted by all of the lenders. We stay up to date with which bank prefers which type of deal and which type of client – giving every type of deal (no matter how big or small) the best chance for approval.

The fact is that one Bank may lend you tens or even hundreds of thousands of dollars more, on the same day given the exact same circumstances, than another Bank. A good Broker will make sure that they have an overview of which Bank will give you the most on any given day.

A good Broker also knows how to present the deal to ensure it has the best chance of getting approved. As well as judging the best Bank to go to we know where it should best go within the Bank – for example, it may be that a residential deal best goes to a commercial contact based on an aspect of the information provided. It’s our job to do everything to make sure it gets approved.

Currently, for a standard Residential deal through a Trading Bank, the lender pays the Broker’s fee, meaning that you get all this skill and professional knowledge at no cost to you! Which other profession provides that?

The question is not why should you use a good Broker – the question is why wouldn’t you?!