5 Reasons to use a mortgage broker

by | Nov 17, 2020

  1. It’s a free service. Much like a real estate agent, a mortgage broker generally doesn’t get paid unless the deal is done. A broker is paid their commission from the banks margin.
  2. They can give you impartial advice on things such as which banks will lend on different property types, get the right loan structure, add value, and help you figure out what you can and can’t do,
  3. Convenience! Mortgage brokers have access to current interest rates across the banks, and can help preparing the mortgage paperwork.
  4. It’s what they do, day in & day out, so they can give you advice on what to do at Auction & how to get your Kiwisaver out.
  5. They have access and professional relationships with a wide range of lenders, which increases your chances of getting a deal that suits you. Many of them also have great relationships with real estate agents, which can make the process of buying a house even easier.