When should I find my mortgage broker? Whenever you think finance.
Saving for a home or moving house, or just unhappy with your bank? If you haven’t met with a mortgage broker yet, then you’re missing out. Here’s why.
Even if you stay with your current bank, you'd be missing out on a chance to review the deal and terms to be sure that you get the right loan for your situation.
When saving a deposit to buy a home, many people have a goal in mind, and they think that they need to save their deposit before they meet with a mortgage broker. That's not the case. A mortgage broker can talk with you about your situation and plans, and offer you a plan of attack to help you be in the best position to seek finance - advising on how to maximise your success with a lender, either by recommending that you reduce your debts, or making a savings plan with you.
You may find that you are closer to your goal than you thought, and the expertise of a mortgage broker can help you understand and access lender’s mortgage insurance, specialist lending products, and someone on your side who can keep up to date with all the lenders' policy changes, so that you can be assured that the deal you sign up for is one that suits your needs.
It pays to involve your mortgage broker early in your planning for a new home purchase, no matter whether you are buying for the first time or the tenth.
If you'd like help with assessing your personal and financial situation, as well as comparing the loans in the market to see if you're truly getting the right deal for you, then call Bob Malpass now on 0431 862 136, email [email protected] or send us a message via our website for a quick response.
Thanks for reading,