We help securing commercial and non-commercial loans through our network of professionals and banks. We help our clients to choose the best products from various banking institutions which are cost effective and suitable for home and commercial mortgage loans.
Various lenders have different products — for example fixed, variable, offset, interest only, etc. Choosing the best product depends on the client's needs.
The bigger your own deposit, the lesser the loan to value ratio (LVR). Normally if your LVR is less than 80%, you will not be charged lender mortgage insurance.
Different banks have different products to choose from and they have their own loan officers to help. Brokers help choose products from a vast number of lenders including banks and non-banking financial institutions.
A mortgage broker operates independently from lenders. An experienced broker with a wide range of lender contacts may also be able to offer you a better deal than those currently available on the market.
Different lenders charge different interest and charges. Consider the following before taking a product:
Sometimes loyalty doesn't pay. Sticking to the same lender may not be viable in certain circumstances. A normal person just sticks to the installment and is not aware of market changes or changes in the same lender's products.
A broker can help you understand the product at that point of time and can save you a lot of money by switching to a different lender.