Mortgage Match in Alexandria, New South Wales | Loan service

Mortgage Match

Locality: Alexandria, New South Wales

Phone: +61 2 8001 6166

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• Property
• Loan service
• Mortgage brokers
• Educational consultant

19.01.2022 Mortgage Brokers who are they? Over the past few years I have been hearing some common questions clients have about the way Brokers operate. Who are they? How do mortgage brokers get paid? What is the benefit of using a Broker? Heres what you need to know:... What Finance Brokers Do? Finance Brokers (or brokers) work with clients to determine their borrowing needs and capacity, select a loan that suits the borrowers aims and objectives and manage the whole process through to settlement. Finance brokers need strong financial literacy skills, excellent people and customer service skills and the ability to really listen to clients needs. How do Brokers get paid? How much will it cost me to use Broker services? Finance brokers are remunerated by the lender and receive an upfront commission and a trailing commission on the loans they settle. It is not standard industry practice for a broker to charge a customer and in most cases the service is free. Banks vs. Mortgage Brokers Going straight to a bank limits you to a very narrow range of potential home loans, but researching of all the options would take a very long time to complete on your own. A mortgage broker has access to a variety of loans and lenders, can quickly identify the right options for your needs. We are a free matching service pairing individuals with their local mortgage professionals. For more information message us or call 02 8001 6166

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