Because we can potentially save you time.

As the home loan market becomes increasingly complex, more people are turning to finance brokers. Here are some of the reasons.

Finance brokers can potentially save you time

The choices now available in the mortgage market can seem limitless and completely overwhelming. You can choose to research the subject, the lenders and their products yourself, or work with a finance broker who already has that knowledge.

Finance brokers give you choice

All finance brokers have a panel of lenders from which they recommend a loan. They have to become accredited with the lender to offer their product and are required to keep up-to-date with their latest offers.

Finance brokers can help find the right loan

The cheapest rate loan might not be the right loan. A good finance broker will examine your circumstances and future plans to recommend a loan that is right for you.

Most finance broker don’t charge you

Most finance brokers don’t charge a fee for their service as the lenders pay them a commission for the loans they write. Most lenders offer the same interest rate via the finance broker as they would directly. You can go directly to the lenders, but you will have to repeat your story to different lenders. Where as, you just need to share your circumstances once with a finance broker.

Finance broker can help you avoid pitfalls

Many products seem to be great offers but they could have penalties, fees and charges you may not be aware of. Or, they may not offer the flexibility you require in the future. A finance broker can help you avoid taking out a loan you might later regret.

A good finance broker can potentially save you time and give you peace of mind. But, remember, only work with a licensed finance broker who is part of a professional body. (eg. MFAA or FBAA).

Trudy is an MFAA Approved Finance Broker, find out how Trudy can help here.

Concept Funding is a credit representative (#523348)  authorised under Australian Credit Licence 389328.

Please contact Concept Funding to discuss your business goals and objectives.

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