Why use a broker to refinancers
Why use a mortgage broker to refinance your loan?
It’s always a good time to look at your options. We’ll go in to bat for you to get you the right deal.
Why should you refinance?
The home loan market is always changing. The Reserve Bank adjusts the official interest rate, banks follow suit or maybe choose not to and make their own rate changes, plus there are always new products on the market. And at the moment, lenders and banks are competing for your business and are offering great rates.
You change too. Your income may have gone up, you could have had a child, you could be moving or renovating, looking to free up some equity or just looking to save some money on your repayments.
Chances are, in the few years since you got your current loan, a better product and a more suitable deal is now in the market. And this is where a mortgage broker can come in and find it for you.
So what exactly can a mortgage broker do for you?
There are literally hundreds of different loan products available right now. While this makes it harder for you to choose the right loan, it does mean that there’s an ideal lending solution for you out there. It’s just a matter of finding it.
A mortgage broker works for you, not the banks. We shop around for a loan that’s right for you and your circumstances. You could be a first home-buyer, looking to re-finance, building your investments or looking for a competitive commercial finance product. We have access to over 1450 different loan products and we stay up to date with the constant changes and new products. This not only means we can go in to bat for you and match you with the right solution, but we can also negotiate great rates on your behalf.
When’s the best time to use a broker?
The loan market is as dynamic as your life. As things change it’s important that you stay up-to-date and make sure you have the right loan. We recommend you review your finance once a year and explore your options.
The first thing we do is to meet you and understand what it is you want and why you’re looking to refinance. So the better we get to know you, your financial circumstances and long term goals, the better we can match the right product with you.
It’s not just about finding the lowest interest rate; there are so many reasons to refinance and just as many products with different features and benefits. With lots of products, you have a lot of choices, which is great for you.
Once we agree on the right loan, we take care of the application and get everything in place for the approval process, then see it through to settlement.
Why not just go to a bank?
Firstly, it’s hard for most people to choose. Which bank? Which product? What about building societies and credit unions?
There are a lot of options out there, and with choice comes complexity. It can get tricky to navigate through it all. And it can take a lot of your time (and sanity sometimes too). A mortgage broker will steer you through this to find the loan that suits your needs and not the banks. We then deal with the lender and manage your application process through to approval.
In the simplest terms, a mortgage broker makes it easy – saving you time and, hopefully, a lot of money.
Let’s keep it simple.
It’s easier. We start by meeting you at a time and place that suits you – at home, at work or over a coffee; during the week, at night or over the weekend – we’re always flexible. We’ll look at your current loans and financial circumstances and then research and find the right solution for you. We take care of the paperwork, manage the application process and then take it through to settlement.
It’s fast. We can get things moving quickly. We’ll work with our lender networks and contacts, securing your finance as fast as possible.
It’s all about you. We work for you and not the bank. We get to know you personally to understand your unique circumstances. From our experience we know which lenders will have the best product to meet what it is you need from your finance. And we negotiate finance that is the right fit for you, not the lenders.