Why you should choose a broker

Curious about picking a mortgage broker or bank and looking for more information? Well, this is the article for you!

We at AAA Mortgages have over thirty years of experience in the brokerage industry and are familiar with all kinds of financial situations, which is why we’ll be breaking down the top reasons to choose a mortgage broker.

Any additional financial questions? Click here to find out how AAA Mortgages can help you today!

One: The brokerage industry is growing!

Did you know that more Australians are turning to mortgage brokers over banks for their loan requirements?

According to the Mortgage and Finance Association of Australia (MFAA), mortgage brokers shattered records in the last quarter of the financial year, settling over 47% more new loans than the 2020 Q4 period.

Further, broker market share has overall remained steady. It’s currently at 59%, following a 2% increase during June 2020, the highest amount ever achieved in a Q4 of any year.

Two: Brokers work for YOU!

Mortgage brokers are the bridge between you and other lenders- they have exclusive knowledge, deals and rates the average person doesn’t, and strong negotiating power to help you get a lower interest rate.

Effectively, a mortgage broker acts in your best interests when they recommend and apply for your loans.

Overall, their core services include:

  • Understanding clients’ goals and loan requirements

  • Working out clients’ borrowing power

  • Finding loan options that suit each client

  • Explaining how each loan works and their costs

  • Making loan applications and managing them from start to settlement.

Why you should choose AAA as your broker

Located in Sydney, AAA Mortgages has been in business for over 30 years and has vast experience in commercial, residential, and development finance brokerage.

While we acquire standard loans, many of our clients come to us with complex scenarios, multiple securities and are experienced in the property market. Our role is to guide our clients in wealth creation through property, so we’ve helped many clients gain finance for multiple properties, both owner-occupied and investment.

There is no query too large or small for us, and we are always happy to assist you in taking the next step of your financial journey.

Want to speak to us today about arranging a loan? Click here to book a free 1 hour appointment with our experts today

Disclaimer: The information provided is general in nature and does not constitute financial advice. Please speak to us for recommendations on your individual circumstances and requirements.