Finding the Right Home Loan: Why More Aussies Are Choosing Mortgage Brokers
Finding the right home loan can be quite a confusing ordeal. Should it be fixed or variable? Take the traditional route of a bank or work with a smaller lender? There's a lot to weigh up.
Now, however, more and more Aussies seem to be turning to mortgage brokers for help. In fact, mortgage brokers now handle around 76% of all new home loans written in Australia.
Allow us to state some reasons why this shift has occurred.
Better Chances of Getting Approved
Banks have their individual selection criteria. One might say no, another yes. What this said criteria is, well, that's anybody's guess.
Brokers can help here tremendously. We understand which lenders suit your situation, especially if you're self-employed, have multiple income sources, or have a less conventional credit history.
At Infinitive Finance, we work with a wide range of banks and lenders. That means you're not stuck with one option. We aim to match you with the one that's most likely to say yes — and on good terms.
More Choice, Less Hassle
Working with us, you're provided with choices; plural, not singular. We search through our options to find a loan that best fits your goals and situation, without you having to fill out application after application yourself.
You Might Qualify for Offers You Didn't Know About
Teachers, healthcare workers, and self-employed people: did you know you can get special deals? Loans for lower rates and/or easier approvals? That's something a good broker will flag for you.
A Broker Works for You, Not the Bank
The biggest difference between you dealing with a broker and a bank is that the bank keeps their interest first, no pun intended, and we keep your goals front and centre.
We'll Take Care of the Paperwork
From gathering documents to liaising with the lender through to settlement, our team manages the process so you can focus on finding the right property.