Benefits of using a Glebe mortgage broker

One of the big advantages of using a mortgage broker is more choice for you.  Mortgage brokers work with a panel of lenders, such as Citibank and ANZ Bank are aware of what each lender is offering. Mortgage broker professionals save you having to do a lot of running around from bank to bank trying to find yourself a home loan, and can make the whole process a lot more efficient for you, meaning that you can get a great home loan as soon as you need it.  Especially when considering home grant.
 

 What is a Glebe mortgage brokers’ role?

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 mortgage broker will remain with you throughout the loan to offer you assistance. 

What does it cost to see a Glebe mortgage broker?

The service provided by most brokers is generally free to borrowers, as the broker is paid by way of commissions and fees from the lenders. This allows people to have access to a professional mortgage broker without having to pay the broker for the services they provide. Regardless of what commission the broker is paid, you will not pay more on your home loan.  However, a professional and honest broker should always declare their commission to borrower.

Why go to a Glebe mortgage broker instead of direct to a lender?

Using a 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.

Can a mortgage broker help me with my current lender?

Mortgage brokers are experienced in all types of negotiations and as they deal with mortgages every day, they know what each lender can typically offer.  Your current lender will already have all your details and credit history, so your mortgage broker can talk to your current lender and see if any new home loan options are available that would suit you.  Sometimes changing your mortgage comes with fees and charges, and your mortgage broke will be able to talk you through these to make sure it makes financial sense to renegotiate.  Circumstances change, and from time to time people do need to change the terms on their home loan.  Mortgage brokers understand this and work on your behalf to negotiate a great new home loan for you.