"Our Adviser was prepared to do the research and come up with a solution, too many people give up."

Simon and Terri-Lee Read case study

Using a mortgage broker

Instead of you trailing from lender to lender, making endless phone calls or trawling the internet, mortgage brokers can do it all for you. If you choose the go-it-alone route, you might be lucky to compare three or four different products. Mortgage brokers can compare hundreds and help you get the right home loan!

A good mortgage broker will also help you to understand the various deals that are on offer, explaining all the features and details that might make a big difference to your repayments. And what’s more, your mortgage broker will lodge your application (in many cases electronically, saving time) and chase it through with the lender – so you don't have to! Your broker is the single point of contact for you throughout the process.

While using a mortgage broker can result in substantial savings in time and money for borrowers, choosing the right mortgage broker is the key.

Talk to a Smartline Mortgage Adviser today.

Checklist for choosing a mortgage broker

Our checklist can help you make this important decision. Your mortgage broker should be:

  • A full-time mortgage specialist.
  • A member of the Mortgage and Finance Association of Australia (MFAA).
  • Part of a reputable company network with head office support and professional training.
  • Happy to disclose fees and commissions.
  • Covered by professional indemnity insurance.
  • Have access to a broad panel of financial institutions (20+).
  • Have specialist software to compare home loan products, qualify borrowing power, and electronically submit loan applications to lenders.
  • Have a detailed customer charter setting out how they work.

 

Talk to a Smartline Mortgage Adviser Back to Top
Click to call loading ...

Talk to a mortgage adviser. Within 5 minutes you'll know where you stand. - Simply click

Try our smart mortgage calculators

How much can I borrow?

Home loan repayment calculator

What are the costs of buying?

Where can I buy?

Our home loan calculators will help you make smart mortgage decisions

Get FREE market updates and home loan guide.

Click here

SmartGuide magazine - your guide to mortgage finance

Share