Mortgage Brokers help borrowers

Six ways Mortgage Brokers help borrowers.

As a potential borrower you have many choices as to how you obtain your next home loan or investment property loan.

If you haven’t used a mortgage broker such as myself before, here are six key ways a Mortgage Brokers help borrowers.

1. Lender policy niches- This is a hugely overlooked and under valued tool in the mortgage broker toolbox. As a mortgage broker we have access to the intimate details of lenders credit policies. These are the rules and guidelines that lenders use to decide whether an application is approved or declined. They vary from lender to lender and enable the professional mortgage broker to ” look inside” the lenders policy and select the correct lender for your circumstances
2. High Loan Application Approval rates-Statistics I have seen from major banks show that only 50-60% of loan applications made to the bank directly are approved. Compare that with our statistics here at Halogen Home Loans where approval rates are 95%. This means a much higher degree of certainty that your loan will be approved.
3. Correct Loan Product selection and structure- The type of loan and the way it is set up must match the borrowers requirements and goals. The wide choice of lenders and loans available via Halogen Home Loans enables us to make sure the loan and structure we recommend matches your requirements.
4. Time and Convenience-We’re all busy with our lives. So many things to do and so little time. Your mortgage broker can drastically reduce the time you need to spend sorting our your loan application. We “Do it For You” so you can spend your time on the fun side of buying a property, that is searching and inspecting potential purchases.
5. Contact and Follow up-We provide a single point of contact. No more ringing lenders directly and getting a different person every time and having to go through your whole scenario just to find out where your application is up to. We do all that for you.
6. Ongoing Support-We’ve been around a long time and intend being around for many years into the future. Any questions, changes or ideas that you want to discuss in the future, we are no more than a phone call or email away. As we know your borrowing history we can respond quickly with meaningful and accurate information tailored to your situation.

Contact Us for professional assistance with your next home or investment property loan.