The most obvious advantage is that your Lending Solutions broker can give you access to a large range of lenders and their products. This means you are far more likely to get the home loan that best suits your needs.The bank can only offer you the best deal they have, we can offer you the best deal for you in the whole financial market. With our buying power and knowledge, we will often be given special rates for our clients as the banks know how easy it is for us to go with another lender.
No. Your Professional Lending Solutions broker is paid a commission by the lender that provides you with your home loan.
Your Professional Lending Solutions broker provides access to funding solutions from all the major banks, building societies, and other lenders. In total, they can offer a range of over 1000 products from more than 30 lenders.
Your mortgage broker can help clients located anywhere in the country. A number of banks now allow us to use various technologies to interview clients and do ID verification.
No. This is all handled for you by the Professional Lending Solutions broker.
No. The costs are the same. From the bank’s perspective, whether it pays a Lending Solutions broker or an employee, either way, there is a cost associated with selling a home loan.
The lender will send you all documentation and statements directly. You can contact your lender about your home loan at any time, though you may find it more convenient to go through your broker with any questions you might have.
