How can a Harbord mortgage broker help me?

When arranging a home loan without specificadvice, many people are so eager and they may take shortcuts and fail to fully understand the contract they are signing.  This can result in not knowing whether they are getting value for money. Often they are disappointed when their home loan doesn’t give them what they wanted, or they are caught out by hidden fees.  Using a mortgage broker gives you the peace of mind that the home loan you choose will work and can provide advice and assistance to make sure you are properly protected.  Especially when considering first home buyers grant.

 What is a Harbord mortgage brokers’ role?

The mortgage broker’s role is to show you what home finance is available from a panel of lenders including banks and non-banks lenders like Bankwest and CBA and then help you choose the right home loan.  Your mortgage broker ca also assist get it approved, settled and stay in touch afterwards. A good mortgage broker will also monitor your changing circumstances and the effect of interest rates and economic influences on your financial situation.

How much will it cost me to use a Harbord mortgage broker?

The services of a mortgage broker are free.   Instead, brokers get paid commissions by the lenders.  The amount you pay for your home loan does not change, no matter what the commissions are.  You pay the same as if you had gone directly to the lender yourself.  And reputable mortgage brokers are not influenced by the commissions offered by a lender, instead they work to offer you unbiased advice.

Do I need a mortgage broker? 

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 you help me with my current lender?

If you already have a home loan and are curious as to whether you can get a better deal, you should be talking to your mortgage broker.  They can source and compare various other home loan products to see if there is another loan that would suit you better, taking into account every part of the loan such as fees, charges and added features, not just the interest rate.  It’s not worth changing your home loan for another that has a lower rate if it ends up costing you more in the long run due to fees or ‘hidden’ costs.  Your mortgage broker is experienced in the finer details of home loans and therefore is the best person to be scrutinising your mortgage.