What is the advantage of using a mortgage broker?
For the inexpensive method of working through an independent mortgage broker, lenders allow brokers access to wholesale lending rates for the market. Putting mortgages out through their branches is an expensive way for banks to get the business. Paying only for good mortgages successfully brought into the bank/lender is a cheaper and more effective way to build their mortgage portfolio. • More from Mortgage Logic…
There are many advantages to using a mortgage broker; we are able to offer you more choice in your finance options. You also have the benefit of many years of experience in the industry, we have the knowledge to evaluate your needs make comparisons and negotiate the better terms and conditions available to you. We will also liaise with all parties from time of submission through to approval and settlement.
