Mortgage Brokers Melbourne

Whether you're looking for a new home loan, refinance home loan or to consolidate your debts - and you haven't worked with a mortgage broker in Melbourne before - you might be wondering what advantages there are in talking to a broker rather than dealing directly with a bank.

HOW A MORTGAGE BROKER IS DIFFERENT FROM A BANK LENDER?

The essential difference between a mortgage broker and an in-house bank lender is the access we have to a vast range of finance products. But the real difference goes deeper than this. Put simply, we have the time and motivation to ask the questions that banks most often won't - this is how we discover ways to help you get more out of your loan. For more information, contact Super Finance Mortgage Brokers Melbourne.

CHECKING YOUR MORTGAGE BROKER'S CREDENTIALS

Lenders require mortgage brokers to be members of an accredited industry association such as the Mortgage and Finance Association of Australia (MFAA). To become members Mortgage brokers must be appropriately insured and are subject to credit and police checks. In addition mortgage brokers need to be registered with the Credit Ombudsman Service Limited (COSL). We encourage you to check your broker's credentials before disclosing or discussing your financial position. All Super Finance brokers carry full MFAA membership and are registered with COSL.

In early 2010 new legislation designed to safeguard consumers and encourage responsible lending will be introduced nationally. Under the new legislation current lender requirements of brokers will become legally recognised and enforceable.

Why you should talk with a mortgage broker in Melbourne.

When you're looking for a new home loan it's important to speak to a mortgage broker who knows the market conditions in your area. Whether it's a new home or apartment loan, investment property or refinance loan, market conditions and trends play a critical role in determining how your finance should be structured for maximum savings and growth.

SUPER FINANCE mortgage brokers Melbourne - what makes US different?