Top 10 Reasons to Use a Mortgage Broker

Updated: Aug 4, 2021

A Mortgage Broker is a kind of financial advisor that helps match property buyers and lenders. Ultimately we aim to find the best possible loan for your specific circumstances, rather just applying a 'one size fits all approach'. Here are the Top 10 Reasons to Use a Mortgage Broker:

1. People who are not confident in their understanding of finance hugely benefit from using a broker who will provide them with expert knowledge and guidance.

The loan process can be intimidating for people who are not experts in finance, so using a broker simplifies the process and ensures there is no misunderstanding of the products and whether they fit the client. If you're not confident in your knowledge it can be difficult to know which lenders to trust and what products best suit you. A broker will ensure you're getting the best product possible.

2. Brokers will find a mortgage better for your individual situation and financial circumstances

While banks can only offer limited advice about loan products specific to them, brokers will give you in depth advice after taking a look at your finances and what you are looking for in a property.

3. Use a broker if you're time poor

Many people simply do not have the time to research and compare different loan products and to go through the application process. Using a broker leaves you with time to enjoy other things in life, and leave the worrying and paperwork to us.

4. Fuss free: we do the hard stuff

By using a broker, you won't have to sweat the small stuff - we go over everything with a fine tooth comb.

5. Higher chances of success

People with complex financial situations often use brokers to increase their chances of getting a loan. Our job is to be flexible and find an approach that works for you; our access to broker portals and databases means we use the best resources to give you the best chances of success.

6. Easy and quick loan comparisons

Trying to compare loans on your own can be a never ending mission. Our access to databases means we can compare loan products easily and quickly to find the best option for you.

7. More choice and variety

Again, industry technology means brokers have access to more loan products from a variety of lenders and are thus more likely to find something that works for you.

8. We fit into your schedule

Brokers are flexible when it comes to client meetings; we can come to you before, during or after office hours, or you can come to us! Unlike banks, we fit into your schedule, not the other way around.

9. Offer continuing support over your loan's lifetime

Even after you've gotten your loan, we continually check up on you and your loan to make sure you're still happy and its still the best product for you.

10. We go the extra mile

Brokers work around the clock to get the best loans for their clients; sometimes this means being contactable 24/7, or working late and early to ensure we are communicating with the right people. Whatever it is, we do what it takes to get the job done.

Any further questions? Contact us via email or phone today! Or, book a free consultation here!