How can a Southern Cross mortgage broker help me?

It all comes down to more choice and the satisfactionthat you found the best home loan available. Most people know that a bank, such as National Australia Bank or Adelaide Bank is going to tell you all about the loans that they offer, and they aren't going to tell you about a better loan from another lender.  Compare that to a mortgage broker who knows exactly what each bank is offering, and talks to non-bank lenders too, comparing each home loan product carefully to see which ones really are the best choice for you.  This saves you valuable time, as your broker does the hard work for you, leaving you more time to find your dream home. Especially when considering home grant.

 What is a Southern Cross mortgage brokers’ role?

Put simply, a mortgage broker works to find you a mortgage that will be competitive, yet still suit your life.  A mortgage broker knows the lowest 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 choose home loans every day, to keep on top of changes in the market and offer you the best chance of getting a great mortgage.

Will it cost me anything to talk to a Southern Cross mortgage broker?

The services of a mortgage broker are usually free, instead brokers are paid a commission by the lenders.  The rate on your home loan is still the same regardless of the commissions paid to the broker so you can be sure you will not pay more on your home loan.  This means that you can get assistance with your home loan application, whilst still be satisfied that you are getting a competitive home loan.

Can’t I just go directly to my bank?

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.

What if I want to re-negotiate my existing mortgage?

A independent mortgage broker can negotiate on your behalf should you wish to choose a better deal with your existing lender.  Home loan products are changing all the time, so there is always something new to consider.  And as life changes and your circumstances may differ, a mortgage broker can help you to decide what course to take.