The Most Important 5 Reasons You Should Use a Mortgage Broker
Updated: Oct 20, 2020
Using a mortgage broker instead of a bank to obtain your home loan will give you more choice, more cost savings, and ensure you receive unbiased advice.
There are five important reasons why you should always use a mortgage broker when you are setting out to obtain a home loan, whether it is for a new purchase, refinance, or renovation loan.
Mortgage brokers are constantly updating their knowledge of industry offerings, and will have the best answers to your questions. They will be best suited to find creative solutions to difficult or complex lending challenges.
Your mortgage broker will negotiate on your behalf with multiple lenders, so that when your mortgage is secured you can be sure that you have the best rate without having to shop around yourself. Having a better interest rate means significant savings over the long-run. You receive all of this value-added service from a mortgage broker for no charge.
It is rare in modern times for any families finances to be in perfect order, but mortgage brokers can still help in these situations. They have access to specialized lending options and the expertise to help those that are self-employed, have had credit challenges, and or have other more complicated circumstances.
Lastly, but most importantly, you can always guarantee you are receiving unbiased advice. Mortgage brokers don't benefit from selling you specific products, they want to build long-term trust by ensuring you end up with the very best mortgage possible.
Great White Wealth Management's managing broker has more than 20 years of experience with both personal and commercial lending in complex and simple circumstances. Contact us now to book an appointment, and help you get the very best mortgage.