5 reasons to use a mortgage broker to find your home loan

Once you’ve decided to take out a home loan, you have two options. First, you can deal directly with individual banks and lenders and compare all the different loan options yourself. Alternatively, you can enlist the help of a mortgage broker, like Mortgage Choice, who negotiates with a number of different banks and lenders on your behalf to find you the right deal.

Here are five reasons you should opt for the latter:

1. Save time and hassle

Choosing to do all the work yourself involves a lot of effort. It’s certainly possible to do so; however, talking to different banks and lenders is time-consuming and confusing. Mortgage brokers do all this for you and simply present you with the suitable offers they find, so you can focus on living your life.

Using a mortgage broker like Mortgage Choice gives you more time to spend with your loved ones.

2. Personalised service

Good mortgage brokers meet with you face-to-face. At Mortgage Choice, we really get to know you and your family. We endeavour to understand your situation and then find you a home loan that’s tailored to fit.

3. Service at no cost

That’s right, you won’t pay a cent to talk to us! The lender you go with pays us a commission once the loan is settled, which means you don’t need to fork out a lot of money and won’t feel locked into anything.

4. Professional expertise

If it’s your first home loan, you may be unsure what questions to ask a home loan provider.

Banks and lenders may try to convince you that what they are offering is the best option for you. A mortgage broker, on the other hand, will compare different home loans from several providers so that you get the optimal deal.

Mortgage Choice brokers are fully qualified, highly experienced, and know exactly what to look for. They are aware of the different loan options and can advise you which is suited to your needs.

5. You’ll be joining the majority of Aussie property buyers

Evidently, most Australians who take out home loans see the benefits of using mortgage brokers. According to a study done by Comparator, brokers initiated $50.19 billion worth of new home loans in the last quarter of 2016.  Over half of all new home loans during this period were secured by brokers.

So why not join your fellow Aussies who have realised that the benefits of using a mortgage broker to secure their home loan are undeniable?