November 2, 2016 First things first – it’s very difficult to carry out home improvements if you do not have a home and there’s no easier way in getting that home than by using the services from the guys at Mortgage Broker Central Coast. You may have been holding off or waiting until you have enough cash in your pocket for that perfect home but believe us, there’s no time like now to get your own home. Once you’ve bought that place that you can call home, you’ll never look back. Getting a mortgage isn’t that hard, and most banks will gladly sell you a loan. However, where a mortgage broker comes in handy is that they’ll find you the “best” loan for your needs, which will include competitive interest rates and low fees. Mortgage brokers get paid by the lenders, not you the client (in the majority of case a mortgage broker will not charge the client a fee, but it’s best to check up front to be sure) and they have access to a wide range of loans through a variety of lenders. This gives them the ability to find easily a competitive loan for your needs. The second major advantage we believe, is that a broker will save you a huge amount of time allowing you to get on with finding the house of your dreams or, you know, work. A broker will already know the mortgage market well and current interests (if not they will carry out the research) and offer you the product suited to your needs. This saves you having to begin from scratch in the search for the best product. Many lenders provide their information on the internet these days but it is still time consuming to find and document each lender’s products and their attributes. A mortgage broker will also handle the loan application process and paperwork for you saving you yet further time. Most banks will hand you the forms and expect them to be completed by the customer on their own. Again, this service will save you time. The third major advantage of using a mortgage broker, is that in most cases it costs you nothing for their services, that is it’s free for you. As mentioned, the mortgage broker will get paid by the lender if they sell you one of their loans so there is no charge to you, the client. So that’s finding you the best product to suit your needs including carrying out research, contacting lenders, etc., preparing and lodging paperwork, all done at no charge to you. That’s a pretty good deal in our eyes. It’s worth noting at this point that the loans do not attract a higher interest rate or higher fees and charges because of this service. In fact, loans sourced through mortgage brokers are generally more competitive than what the banks offer directly. Our friends over at Mortgage Broker Central Coast can arrange a time suitable to you to meet and discuss your loan requirements. If you’re on the Central Coast then do yourself a favor and visit their website – Mortgage Broker Central Coast – to get in contact with them. Even if you are not on the Central Coast they are happy to communicate via phone and email to service you. Mortgage Broker Central Coast also offer other services than residential loans that include; First Home Buyers guides Investment Property Loans Commercial Loans Mortgage Refinancing Debt Consolidation