FAQ

WHAT DOES A MORTGAGE AND FINANCE BROKER DO?
Brokers are professionals in the finance and home loan industry. They work with you to determine your borrowing needs and your borrowing capacity. With a wide variety of lenders brokers can offer you choice which you may not be able to source yourself.

DO YOU CHARGE FEES FOR LOANS?
There is no cost to you for our service as the banks pay us a commission for introducing new clients to them. All commissions are fully disclosed so clients are aware what the bank will pay the broker. These commissions do not impact on your interest rate, fees or charges from the lender.

HOW MUCH CAN I BORROW?
Your borrowing limit will depend on your current income and expenses. Our attached calculators can give you a guide on your borrowing capacity.

 

WHICH LENDERS DO YOU USE?
We are a Choice broker. Being affiliated with Choice gives us access to more than 25 lenders – these include major banks and second tier lenders and credit unions.

WHY SHOULD I USE A FINANCE BROKER RATHER THAN DEALING WITH MY BANK?
Brokers are finance professionals who are totally focused on getting the best outcome for you the customer. There are many different loan products available on the market. Each lender has different loan options – variable, fixed, interest only, packaged loans, redraw facilities, low doc, plant & equipment loans. Each lender has a different fee structure depending on the loan you require.

As a mortgage broker we look to select the most suitable loan to meet your needs. We provide the choice that a single lender cannot as they only offer their products. Our purpose is to find the right loan to meet your needs and objectives.