Finding the right loan for you.

Save your legs and call a loan expert. How do you match a loan and lender to your needs? Rather than running around finding out the details of each and every lender and loan, draw on the expertise of a Mortgage Broker.

One of the benefits of working with an experienced mortgage broker is the extensive menu of loan options they have at their fingertips. But given such a wide choice, how does your adviser narrow down the options to find the right loan for you?

Your FinanceMart, MFAA Approved Finance Broker have access to more than 30 different lenders. These include the big four banks, second-tier lenders such as Macquarie Bank, Bankwest and Citibank, and a raft of niche lenders such as Liberty or Pepper, which offer loan options for people who may not meet the lending criteria of the larger banks.

When it comes to making loan recommendations, a credit adviser / mortgage broker looks at a number of different factors, including the clients goals and specific loan features sought. This might include being able to pay off the loan as quickly as possible, or to find a loan with the lowest interest rate possible. They may want a loan with a fixed term, or they may want a facility with a low fee structure. Each client has different requirements.

If the borrower has no specific requirements, finance brokers will most often take into account interest rates, and they impact on the cost over the life of the loan.

While interest rates are one of the most critical factors, it’s not the only factor. As well as the loan’s fees and interest rates, the lenders product must also match the client’s needs.

At FinanceMart we will take all the hard work out of finding the right loan for you. So contact us today on 0448 001 001 or email nick@financemart.com.au to arrange an obligation free consultation.