Lacey Street Perth2/343 Newcastle St Northbridge WA 6003 info@tickfinance.com.au info@tickfinance.com.au (08) 9200 1841(08) 9200 1841

A+ A A-

Why A broker over a bank? Which is best?

  • Published in FAQs

There are many reasons why it pays to use a mortgage broker when shopping for your home loan, and even if you want to use your own bank for your mortgage, you can still use a broker to help process paperwork and manage the application on your behalf, plus there is no direct cost to you.

1. Choice

The biggest advantage of a broker over a bank is choice. When you sit in front of a broker you are sitting in front of dozens of lenders and hundreds of products, versus visiting a banker who has access to only one bank’s products. This is especially important at time like now, when the banks are saying ‘no’ more, and by having more choices you’re likely to get a ‘yes’.

2. Experience

Brokers often own their own businesses and are committed to their clients for the long term, with many years of industry experience and knowledge of all the different banks procedures and products. Banks are big companies; they move their staff around and reward good performers with promotions away from their customers.”

3. Specialisation

If you’re looking for specialised assistance with your loan, it pays to talk to a specialised broker. “For example if you’re starting property investing, look for a broker who specialises in property investing as the can set the right structure in place so you can get the max leverage from your properties

4. Follow Up

Following up the progress of your loan application is time consuming and frustrating. A good mortgage broker will have a system for chasing you up, keeping you informed and saving you time.

5. Personal Banker

Your mortgage broker is “like the perfect personal banker,” They know what needs to be done, they make sure it happens and because it’s their own business, they’re in for the long haul. Bank staff change often so even when you find a good personal banker they change jobs before you know it.”

How can we help?

Send us your contact details and we will contact you as soon as possible!

 

Contact us Now

Follow us

  1. Contact us
    Send us your contact details and we will contact you as soon as possible!
  2. Full Name(*)
    Please fill in the field
  3. Phone Number(*)
    Please fill in the field
  4. Email(*)
    Please fill in the field
  5. Captcha(*)
    Captcha
      RefreshPlease fill in the field