Why use a mortgage broker instead of going directly to a bank?
Finding a home loan isn’t simply about choosing the lowest advertised interest rate. Different lenders have different policies, products and ways of assessing borrowers, which can make comparing your options difficult.
When you approach a bank directly, you’re generally considering the products available from that particular lender. A mortgage broker can assess your circumstances and compare suitable options from a broader panel of lenders.
A broker can also help with the process itself — from understanding your borrowing capacity and preparing your application through to communicating with the lender and progressing towards settlement.
At Chen Knows Finance, the focus is on making finance easier to understand. We take the time to get to know your circumstances, explain your options clearly and help find a lending solution suited to your goals.