Why Use a Mortgage Broker

SAVE TIME, STRESS & SHOE LEATHER

Take the leg work out of financing your property through engaging 24/7 Mortgages as your mortgage broker. We do all the hard work for you.

If you’re buying your first home or investment property or looking to move to a bigger and better one – speaking to a 24/7 mortgage broker is a good first step.

A 24/7 mortgage broker will sit down with you, usually in your own home or another location easy for you, and show you a range of loans available from different lenders. They will then help you narrow them down to a loan that is most appropriate for your needs.

ASSESSING YOUR NEEDS
A 24/7 mortgage broker will take the time to understand your needs, discuss your financial circumstances, and identify your loan requirements. As a first step they will discuss your property goals, factoring in your loan requirements in light of your lifestyle, job, family, and other aspects. They will also discuss they type of documents needed to assist you to make a loan application – such as pay slips and tax returns.

Once they have a clear understanding of your financial situation and goals, your broker will be able to advise you on your home loan options.

COMPARING LOANS
As part of their service, your mortgage broker will recommend one or more home loans that fit your borrowing needs. They will be able to search through their database – which usually includes multiple lenders- to zoom in on specific loan products that meet your requirements, discussing their details and features with you.

The sophisticated software brokers now use will give you not only a broad view of your lending options, but also a tight analysis on real specifics of the loans that have been identified as meeting your needs.

MANANGING THE LOAN PROCESS – FROM START TO FINISH
When you’ve chosen the loan you’re comfortable with, your broker can help you fill out the necessary paperwork to get the loan process underway. This might include submitting your home loan application on your behalf and communicating with all the relevant parties until your home loan is approved.

If you decide you want to switch home loans or refinance at a later stage, your mortgage broker can also help you source new loans and give you advice at every step of the way.

SAVE TIME – your 24/7 mortgage broker will do the hard yards for you, making it easier to find a loan suited to your needs. Moreover, they’ll manage the application and approval process.

EXPERT ADVICE – your 24/7 mortgage broker knows what loans are out there, so you can expect to receive professional advice on the most suitable loan options.

REDUCE STRESS – your broker can reduce stress by helping you source the most appropriate mortgage as well as keeping you updated along the whole mortgage process.

Choose a NZMBA Mortgage Broker every time, because they must: