FAQs
Why Choose a Mortgage Broker Instead of a Banker?
- Mortgage brokers must hold a credit license granted by ASIC or being a credit rep of a licensee holder and accredited with major banks and other financial institutions for their products.
- At the end of the day, a bank employee works for the bank, and as a mortgage broker we work for the clients.
- Banks staff can only recommend their own products to customers, while mortgage brokers can use their expertise to compare the latest products and offers of various lenders to help clients choose the most suitable products and strive for the greatest benefits based on individual client’s circumstances.
- At the same time, mortgage brokers also provide clients with the following free services:
- Analyze loan needs
- Calculate borrowing capacity
- Provide professional advice
- Compare loan products
- Negotiate the best interest rate
- Process all paperworks