Buying Property in Auckland: Why You Need a Mortgage Broker
August 01, 2018 at 12:27 PM
What Does a Mortgage Broker Do?
Think of a mortgage broker (sometimes known as a mortgage adviser) as an agent working on your behalf. We assess your financial needs and go out into the marketplace to find the best solution for you. LoanPlan works with all the major lenders and can save you a lot of time in finding the best mortgage.
A lender is more likely to approve a professional mortgage application that meets their requirements. As your adviser, we can put together a strong financial presentation for you—pre-empting any pitfalls that might see your application declined. As your broker, we not only find the best deal—we advise you on the best mortgage structure, which can save you thousands of dollars over time and help you pay off your loan quicker.
Why Should I use a Mortgage Broker?
A good question—why not just deal directly with the banks? First, as your mortgage broker, we provide you with complete, up-to-date information on the best offers available from banks and lending institutions, saving you the hassle of visiting each bank individually. This speeds up the mortgage approval process—something that could make all the difference when purchasing a property.
Second, we negotiate on your behalf, to secure more favourable terms than you might achieve if dealing directly with a bank. In most cases, we are paid a commission by the successful lending institution—which means there is no charge for the service we provide to you. (LoanPlan fees may apply in cases where the lending institutions do not pay commission—we will outline these costs to you upfront.)
Why use LoanPlan?
LoanPlan’s Christine Lockie has a track record that speaks for itself. She received New Zealand Mortgage Brokers Association awards for Mortgage Broker of the Year (Northern Region) on several other occasions. She was also awarded the NZMF Broker of the Year from 2004 to 2007.
So if you’re looking for the best mortgage broker Auckland has to offer—contact Christine.
LoanPlan— Professional loan advice, tailored to your needs.