Loansmart Mortgage Broker Team
There are plenty of ways to obtain a home loan
You can walk into your nearest bank or lender, trawl through the options online and apply for a loan without leaving your seat, or seek out a mortgage broker.
But what exactly does a mortgage broker do? And why would you consider using one?
“My husband and I appreciate the considerable amount of effort your staff put in for us to obtain our first home loan. Without your expertise, it would have been doubtful for us to have achieved the same result.” Phil & Mary D.
What is a mortgage broker?
A mortgage broker is a financial adviser who specialises in finding home loans for their clients. They crunch the numbers and highlight the option that best suits their client’s personal situation. Some also manage the application process on their client’s behalf.
Armed with a detailed understanding of the current home loan market, mortgage brokers help their clients find a better deal than they would if they simply walked into their nearest ‘bank’ branch.
Find you the best deal
It stands to reason that a person who lives and breathes home loans should be able to find a better deal or interest rate than someone who’s either searching for the first or second time. In addition, they will be able to advise you on KiwiSaver first home options.
Will manage the paperwork
Once you give the green light to one of our broker’s suggest home loan options, they’ll fill out all the forms required to get your loan pre-approved with that lender.
This not only frees up time, but provides you peace of mind, as enlisting the expertise of a Loansmart mortgage broker will ensure that all the i’s are dotted and t’s are crossed.
As they will be at pains to point out, most brokers are independent, meaning they don’t favour any one lender, and will seek out the best possible deal or rate from the dozens of lenders with whom they’re accredited.
Irrespective of whether they work with a group like Loansmart or a smaller business, they’re independent from a particular lender. As a general rule, all mortgage brokers are accredited with a number of lenders.
So for your first or next mortgage call us today on 0800 255 155.