Why Your Mortgage Broker is the Key to Getting a Great Mortgage

Building a good relationship with a reputable and experienced mortgage broker, and sharing with them your broader life goals, will help you to source the best mortgage on terms that align with your specific needs.

Utilising a combination of your life goals and current financial circumstances, your mortgage broker can tailor a mortgage loan application to match applicable lending criteria and submit it to the lender who is most likely to approve your home loan.

Don’t just approach one of the big four banks: Utilise a mortgage broker to explore all market offerings to get the best deal for you.

Working with a Mortgage Broker, rather than going directly to a major bank to request a home loan, is beneficial because they can access the mortgage offerings of thirty plus lenders.

This wider access allows you to consider a hundred plus different product offerings, rather than the few offered by an individual bank. It also allows you to look at the different lending policies applied by the various lending institutions and find those that may be more suitable for you, given your specific circumstances.

Oz Lend is a one-stop-shop for all mortgage loans. We can help you find the right loan to suit your personal situation. As long-term, experienced mortgage brokers, we can expedite loan applications by helping you to avoid, or quickly overcome, many of the hurdles faced by mortgage loan applicants.

Don’t forget to look at other features: Compare all aspects of the loan before deciding.

When you’re seeking a mortgage loan, the interest rate is obviously a key factor to consider. There are, however, other features of loans that are important, and it’s worth taking the time to compare all of them through a mortgage broker, before deciding.

Some of these additional features include;

1. Repayment period,
2. Applicable fees,
3. Early repayment penalties,
4. Type of interest (fixed, variable, a mix of fixed and variable),
5. Mortgage insurance requirements, and
6. Additional security if required (other than the mortgaged property).

By understanding all terms and conditions applicable to any loan under consideration, you can make the best decision for your personal situation. Your mortgage broker can assist you by explaining the meaning and purpose of specific terms and conditions applied by different lending institutions.

Need a Mortgage Broker? Oz Lend is an excellent choice.

There are a lot of Mortgage Brokers out there. Why choose Oz Lend?

1. We manage the mortgage application process for you from start to finish to make sure that everything goes smoothly.
2. We take the time to get to know you and your needs and then work with you to find the best mortgage, for your unique circumstances.
3. We answer any questions you have along the way and help you navigate the complex world of lending institutions.
4. We use our almost 20 years of experience, to help you overcome many of the hurdles, that lending institutions may put in the way of you obtaining the loan you require.
5. We generally provide our services at no cost to our clients. If your circumstances are such that we need to charge a fee for the provision of our services, this will be advised upfront.

Oz Lend is one of the top mortgage advisors in Melbourne. Call us today on 1300 438 669 and put us to work for you to find the best loan that exists in the market to meet your mortgage requirements.