Getting a loan is not difficult

A Mortgage Broker is an intermediary between the borrower and the lender who uses their knowledge and software to source competitive rates and facilitate a smooth process to settlement. The Mortgage Broker acts in the borrower’s best interests at all times and is their mortgage project manager, handling all the steps in the process and reporting back to the borrower at the various stages.

There are a wide range of mortgage products out there and it can be confusing to try and compare them all. A Mortgage Broker will help navigate through the options by explaining the differences between products and help the borrower choose a loan that suits their specific needs. Once a product is chosen, a Mortgage Broker will make sure things happen on time and the borrower is fully informed every step of the way.

Many people make the mistake of thinking that their current bank will give them the best deal. The role of a mortgage broker is to do all the research for you. They can look in to a wide variety of products across multiple lenders to ensure you are getting the best deal. At Nyalkaran Finance, we never play favourites with lenders. Our goal is to always ensure the product is matching the needs and objectives of the client.

We recommend that you see a mortgage broker as soon as possible. They are able to help establish how much you can borrow before you start looking. This makes things a lot simpler when it comes to making an offer.

Mortgage brokers are entitled to charge you a fee for their service as well as receiving a commission from the lenders. At Nyalkaran Finance, we choose not to charge our clients. Our service is free of charge.

The great thing about using a mortgage broker is that they are trained in handling mortgages. They will work with all the parties involved from the real estate agent, the lender and the settlement agent to ensure everything goes smoothly for you.