home loan brokers Brisbane

You’ve narrowed down the search to find your dream home. Now you want to find a loan program that fits your budget and lifestyle. Also, you want a good deal because it could mean huge savings on your interest.

Looking around for a loan can be a time-consuming and intimidating process. One simple way to go about this complex process is by hiring a mortgage broker in Brisbane. Majority of the first-home buyers have a poor understanding of what brokers do and their role in the mortgage process. But, once their services are explained, the percentage of respondents jump drastically. So, if you don’t know about the role of mortgage brokers, you could be leaving thousands of dollars on the table. Here are 5 reasons why you should hire a mortgage broker – even if you haven’t heard about them.

• Low Rates – One of the most common reasons why people hire a mortgage broker is because they have access to multiple lenders. Due to this, they can offer you rates that may not have been advertised widely and can be considerably lower than the common rates offered by banks or credit unions.

• Customisation – Due to their relationships with lenders and banks, mortgage brokers can find a lender and a mortgage that is best suited to your specific needs and financial conditions. He can tailor a mortgage product to your exact needs, whether it involves working with a lender who is open when it comes to self-employed income or one who has more flexible repayment terms.

• An Honest Ally – There are a hundred things that can go wrong when you buy your first home. A realtor, a lawyer will tell you so much but a reliable mortgage broker will bring it all together in one place and connect the dots for you to ease up the overwhelming process. He is a specialist that knows what mortgage product is the most applicable to your situation.

• Experience – Brokers come across different clients in different financial situations on a daily basis. If you are wondering on how your life can change over the life of your mortgage term, they will be able to provide you with options and situations that might have never crossed your mind – helping you save thousands in the process over the life of your mortgage.

Are you looking to invest in a property? Let out mortgage brokers at Brisbane Home Loans tell you exactly how much you can afford to borrow, which is the best mortgage for you and how much they could save you right now if you have an existing mortgage. To get in touch with our mortgage brokers in Brisbane, call us at 1300 730 997.