Would it shock you to learn that banks aren’t legally required to act in your best interest? Well, it’s true…
…and we’re proud to be everything a bank isn’t.
Here are 20 things we do differently…
- As licenced mortgage brokers we are legally required to act in your best interests under Best Interests Duty; whereas a lender has no legal obligation to do so.
- We're easy to get a hold of > Phone, text, email, IM or drop into our office.
- We provide a single point of contact for all your lending requirements.
- We're available to meet at a place that suits you > home, office, café, even the pub.
- We’re available outside of branch hours, to talk or meet.
- We’re able to consider, compare, and recommend competing lenders.
- We provide clear and concise explanations, in writing, free of bank jargon.
- We advise on loan structures that can reduce the banks hold on your property assets.
- We can recommend lenders with more favourable lending policies.
- We can provide comparisons across lenders on interest rates, repayments, and loan costs.
- We can connect you with an external network of trusted, and proven, support professionals.
- We can target lenders based on interest rates, low/no fees or highest borrowing capacity.
- We can highlight lenders with discounted interest rates or cash-back specials.
- We can provide free upfront valuations and credit reports.
- We provide upfront pre-assessment to avoid lender rejections and damage to your credit file.
- We can open up new lending options if you have been knocked back by your bank.
- We can source more competitive interest rates if you have a larger property portfolio.
- We can structure your lending to enhance your long-term borrowing capacity.
- We are highly familiar with, and can advise on, lending within various trust structures.
- We provide excellent post-settlement service, and throughout the lifetime of your loan.
How much does a Mortgage Broker cost?
Our services are completely free for all home and investment loans. We get paid by the lenders for doing the work, collating your loan application and meeting with you. This work would otherwise be done by a bank manager or branch lender so you get access to the same rates as if you went to the lender directly.
The benefit for you is that unlike when dealing with one bank, we can help you work with a wider variety of lenders and get the best options that work for you choosing from our panel of over 50 banks and lenders!