When you’re looking for a home loan, you could go directly to a bank or to a finance broker. While a bank will only offer you its own products, a finance broker is an industry expert who will take the guesswork out of finding the mortgage product that suits you and your needs.
It’s understandable that finance brokers are now the number one choice for consumers who are seeking a home loan or to refinance an existing loan. Businesses are also engaging finance brokers to help them with their finance needs from car and equipment leasing to loans to help their businesses expand.
What can a finance broker do for you?
Finance brokers already know the industry, the lenders, their products and their requirements, saving you a lot of time and energy on research. They will also put the time into finding out about your particular credit situation and have a wealth of experience to draw on to help you simplify it.
Translate industry jargon.
Finance brokers are able to make sense of what the loan documents and lenders are saying – put it into lay-person’s language, so to speak.
Get you what you want.
Brokers will determine your borrowing needs and fiscal ability, and choose the best product to suit your requirements.
Give you a broader choice.
Brokers have a larger selection of loan products to offer. While a bank can only offer you its own products, finance brokers can help you choose from a selection of loans provided by different lenders.
Help you compare apples, oranges and the whole fruit basket.
Finance brokers have the knowledge and tools to compare hundreds of products and you get the right loan for your circumstances and needs.
Find you a good deal.
Loan providers are always spruiking a special deal or two, and these could make a big difference to your repayments or success rate. A finance broker will know which of the deals on the market at the moment is for you.
Act as your advocate.
A good finance broker wants the best for you, the client. They will be your cheer squad, middle-man, team player and coach throughout the process.
They’re in it for the long haul.
A finance broker won’t just love you and leave you – they will oversee and manage on your behalf the loan’s progression right through to the end. By the way, ‘the end’ isn’t when you sign the documents and buy your property; you can expect your finance broker to keep track of you and your changing needs, helping you should you need to switch products or wish to purchase another property.
You don’t pay anything to deal with Smartline because the lender you choose pays us a commission out of their money once the loan is settled.
So if you’d like some smart advice from a credible industry professional, I’d love to hear from you.
Cairns Mortgage Broker – Jason Thomson is a Mortgage Adviser and Finance Broker based in Cairns with clients all around Australia. Over 100 client reviews featured on his website prove that Jason is a trusted industry professional, facilitating great outcomes for his clients. Using his wealth of experience in financial services, he thrives on delivering superior service. Jason is very approachable and is always looking for new clients to help in the often confusing world of finance and property. Offering a no fee service, you’ve got nothing to lose by having an obligation free chat with Jason today.