The role of a professional mortgage broker has become and will continue to prove to be, an integral asset to borrowers in establishing home loan options that are most suitable based on their individual circumstances.
As the digital age continues to evolve, the Australian lending environment subsequently experiences steady growth and continual change. As a result, finding home loan solutions that are suitable for a borrower’s needs and objectives has become an increasingly complex practice.
A mortgage broker can supply much more than the handling of tedious administrative tasks associated with a loan application or restructure. It is the offering of trusted advice based on each borrower’s unique situation, that provides guidance through a complicated lending landscape. As we are all well aware, everyone is different and so should be the choices when it comes to home finance. A mortgage broker is here to provide peace of mind for you, through personalised advice and home loan solutions.
Australian consumers realise the benefits that a mortgage broker can bring to the table, evidenced by the increase in the number of loans written by brokers in Australia to 55% of the market today (from below 10% in the late 1990s).
There are currently over 110 different home loan providers in Australia. Most mortgage brokers will partner with a selective but diverse panel of lenders to provide a trusted range of home loan options for their clients. Whilst a customer could handle the comparison of loans based on advertised products within the market, it is a professional home finance adviser that can truly identify a client’s options that will support a customer’s needs, goals and financial situation.
It is invaluable knowledge, experience and integrity that enables a broker to provide a critical service for Australian consumers in the housing market.
For more information on home loans, talk to a Bernie Lewis mortgage broker today by calling 08 8300 8300.
Figures sourced from:
- MPA Editor article, 18 December, 2018.