All About Mortgage Broker - Select My Loan

1
All About Mortgage Broker

• by

2
What is mortgage broker?
A mortgage broker acts as a middleman between you
and potential lenders. The brokers job is to
work on your behalf with several banks to find
the best mortgage lenders who best fit your needs
with the lowest rates. Mortgage broker has a
well-developed stable of lenders they work with,
making your life easier. For more information
visit http//www.selectmyloan.com.au or Call
1800 883 007
3

• What are the benefits of using a mortgage broker?

The broker applies for loans with different
lenders on your behalf, finds the lowest mortgage
rates, negotiates terms and makes the approval
magic happen. Mortgage broker will give you
accessibility and one-on-one attention you likely
wont find when working directly with a loan
officer at a large bank. Youll also save time
by using a mortgage broker it can take hours to
apply for different loans, and then theres the
back-and-forth communication involved in
underwriting the loan and ensuring the
transaction stays on track. Mortgage broker can
save you the hassle of managing all those
daunting details.
4
How do I choose the right mortgage broker?

• The best way is to ask friends and relatives for
  referrals.
• Ask your real estate agent to give you the names
  of a few brokers that he or she has worked with
  and trusts. 
• To choose the right mortgage broker, its wise to
  interview at least three people to find out what
  services they offer, how much experience they
  have, and how they can simplify the process.
• Dont forget to check your states professional
  licensing authority to ensure they have current
  mortgage brokers licenses in good standing. 
• Also, scope out online reviews or check with the
  Better Business Bureau to make sure the broker
  youre considering has a sound reputation.
• If you want to skip the above procedure or
  consume your time you can directly contact
  SelectMyLoan.

5
Australian Credit Licensee NO. 482 229 1800 883
007 info_at_selectmyloan.com.au www.selectmyloan.com.
au