How can a Bruce mortgage broker help me?

It all comes down to more choice and the peace of mindthat you found the best home loan available. Most people know that a bank, such as NAB or St George is going to tell you all about the loans that they offer, and they aren't going to tell you about a better loan from another lender.  Compare that to a mortgage broker who knows exactly what each bank is offering, and talks to non-bank lenders too, comparing each home loan product carefully to see which ones really are the best choice for you.  This saves you valuable time, as your broker does the hard work for you, leaving you more time to find your dream home. Especially when considering first home buyers loan.

What does a Bruce mortgage broker actually do?

Mortgage brokers are not there to only find you a mortgage but also work with borrowers to assist with documentation to support the loan, help with the completion of paperwork, submit the loan application with the lender you choose and follow up with the lender during the loan application process.  Your broker should keep you informed throughout the entire loan process, and explain anything that is unclear.  A great independent mortgage broker will remain with you throughout the loan to offer you assistance. 

Why don’t Bruce mortgage brokers charge for their services?

The services of a mortgage broker are usually free, instead brokers are paid a commission by the lenders.  The rate on your home loan is still the same regardless of the commissions paid to the broker so you can be sure you will not pay more on your home loan.  This means that you can get assistance with your home loan application, whilst still be assured that you are getting a competitive home loan.

Can’t I just go directly to my bank?

Using a independent mortgage brokeris like visiting a one stop shop and is a lot less time consuming than doing the run around your self. 
A lender will only tell you about their own loan products. It is in the brokers best interest to let you know if a better home loan is available even with another lender to help you with mortgage reduction.

Want to negotiate a better deal with your current lender? 

A independent mortgage broker can negotiate on your behalf should you wish to choose a better deal with your existing lender.  Home loan products are changing all the time, so there is always something new to consider.  And as life changes and your circumstances may differ, a mortgage broker can help you to decide what course to take.