5 Reasons To Use A Broker
Why would someone use a broker anyway when they can just go straight to their bank?
1. The banks have us on speed dial
Dealing with a broker is like talking to all the banks at once. At Your Home Loan you get access to sixteen lenders and we’re part of a wider group which settles well over $1 billion worth of loans each month. When we need to get the best deal for our customers, there’s no waiting at the back of a call centre queue, we go straight to the decision makers who are asking us to send them your business.
2. Expert advice that saves you money
Dealing with home loan specialists who have settled hundreds of loans means you can tap into a wealth of experience. We present your application in the best light and help you structure your loan based on your current situation and long term goals – whether it’s growing an investment portfolio or taking years off your loan we know the best way to get it done.
3. Easier approval
The reality is the banks all have very different policies. One bank might be great for lending on lifestyle properties, another may prefer apartments. And while your bank might be happy to lend you enough to buy a house there may be an option out there that can get you into your dream home.
4. We work for you
Going to a bank means you talk to someone who isn’t working in your best interest. A lot of the time loans are just one of the products they cross-sell and getting the best deal for you doesn’t mean getting the best deal for their employer. Brokers are independent mortgage specialists who negotiate with the banks every day and know when they’re putting their best offer on the table.
5. It’s free
The last reason is the best one! Brokers get paid by the banks, not by our customers.