Can a Mortgage Broker Archerfield help me?
When you’re choosing the right home loan to meet your requirements, there are many things to consider such as interest rates, entry and exit fees, and product features, and to assess all of these individually with the many lenders on the market would be a time consuming and complicated task. This is where your mortgage broker can help. We can simultaneously compare hundreds of different products across a wide range of lenders to clearly identify the best loan for you.
It's not all about interest rates.
By finding the best interest rate around, you could literally save thousands over the term of your loan. Plus our service fees are nil, so you don’t outlay a cent. We’ll explain every detail of every loan we recommend to you in plain English, so you fully understand the offer, and also help you gather and lodge all of the necessary paperwork.
It’s all about good service.
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.
How does a mortgage broker work?
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.
We certainly can help you find your ideal home loan, but we realise there are many other legal and financial aspects to buying a property. We’re more than happy to put you in touch with any additional resources you need, professional contacts who are also local and offer the same expert local knowledge as Your Local Finance.