Why use a Waverley Mortgage Broker?

Mortgage brokers are the people you can turn to when negotiating the sea of Home Loans on the market becomes too confusing and frustrating.  A good Waverley mortgage broker can asses your lifestyle, your financial goals and any investments or assets you may already have, and then match a home loan to suit you.  Whereas a bank may only push their own products, mortgage brokers look at several different lenders, including Suncorp, Westpac banking and NAB , to find the mortgage that is ideal for you.

Put simply, a mortgage broker works to find you a home loan that will be competitive, yet still suit your life.  Mortgage brokers know the lowest home loan interest rates, which loans offer the best features and knows some great tactics for paying off your home loan faster.   It is their job to research home loans every day, to keep on top of changes in the market and offer you the best chance of getting a great variable rate home loans or self employed home loans.

Generally, it costs the client nothing to see a mortgage broker.  Mortgage brokers so not charge for their services, instead they are paid a commission by the lenders.  This commission does not result in you paying more, the rate on your home loan is not affected by the commission paid to the broker.  All commissions should be disclosed to you along the way.  Good mortgage brokers are not influenced by these payments, instead they seek to get the best mortgage for you.

If you go directly to the lender they will only promote their own products giving you less choice.   Mortgage brokers have access to a greater range of lenders and products for consideration.  Good mortgage brokers can also assist in the application step and negotiate a better deal with the lender on your behalf.  So whether you are buying your first home, or looking to invest in a second property, or simply looking to release some of the equity in your existing home, a mortgage broker can be your best chance of getting a great deal. 

If you already have a home loan and want to see if you can get a better deal, a mortgage broker can help you weigh up the options.  If you want to refinance, or change the terms of your loan due to your personal circumstances changing, or simply because you think you can get a better mortgage, talking to your existing lender makes sense.  They will already know your credit history, and have all your details.  Some people find negotiating their mortgage stressful and are worried they wont be confident enough.  A mortgage broker can negotiate on your behalf so you can get a better deal with your current lender.