About your Mortgage Broker The Rocks
Greater choice gives you more options when it comes to choosing your home loan. Before mortgage brokers, the big banks could dictate the interest rate, terms and conditions of all their loans and few people had the time to shop around for a better deal. But that’s all changed now.
Independent mortgage brokers have forced lenders to offer more competitive products. Your The Rocks mortgage broker is a home loan expert who will do all of the research to find you the cheapest deal from hundreds of loans. They’ll help you with the paperwork and all of the administration requirements right through to settlement.
Finance your future
We deliver a fast, efficient loan application process without compromising on thorough service and attention to detail. In fact, depending on your individual circumstances, we can often get a conditional approval for your loan within 24 hours or even a same day approval in some cases. However, if more time is needed to understand your situation and respond to your questions or concerns then we’ll certainly provide an extended service so that you can apply for your home loan with absolute confidence.
Fast approvals.
In most cases we get conditional approval from the lender of your choice within 24 hours of lodging your application. Sometimes it’s approved the very same day. And while our fully trained brokers aim to make the process as fast and efficient as possible, they never cut corners. We want you to be confident in your final decision, so we’ll be there to answer any of your questions and concerns along the way.
Your Borrowing Capacity.
The amount of deposit required varies from person to person and is dependent on your borrowing capacity, the value of your purchase and the other costs involved such as stamp duty, legal fees and Lenders Mortgage Insurance. Generally speaking however, you need a deposit of at least 5% of the property’s value.
Your Local Finance uses a proven, systemised loan process. After analysing your needs and current situation, we will recommend products that will meet your needs, at no cost to you. We are paid a commission by the lender once the loan is approved, but will never make our recommendations based on these remunerations. We back this up with a detailed explanation and report on why we are recommending certain loan products, as well as a list of the commissions we receive from various lenders, so you know exactly where you stand.