Mortgage brokers help after settlement?

Any general questions you might have in regards to loans and finance.
Post Reply
User avatar
Otto Dargan
Mortgage Specialist
Posts: 7730
Joined: Sat Sep 06, 2008 5:55 pm
Location: Sydney, Australia
Contact:

Re: Mortgage brokers help after settlement?

Post by Otto Dargan »

Hello rossssan. Welcome to the forums.

Not only can they help you get a better deal through their knowledge and relationships with many lenders, good mortgage brokers help even after settlement.

A mortgage broker can look out for you even after settlement by helping you efficiently manage your home loan.

We have a dedicated post-settlement team of specialist mortgage brokers who can help you manage your home loan through some ways such as:
  • Explain and confirm any home loan features that you've applied for.
  • Organise property reports to see how your property is performing. This, along with mortgage reviews, can be conducted as per your request or depending on the market conditions.
  • Our brokers will do a regular annual mortgage review and negotiate with your lender or suggest a refinance so your mortgage can continue to have a competitive interest rate.
  • We can help check for capital growth of your property and if you've you accumulate enough equity, recommend cash out or equity release to access it.
  • If you're getting a construction loan, we can help you make progress payments.
  • If you're on a low doc, bad credit or any other mortgage with a high interest rate, we can help you refinance to a prime lender as soon as you can qualify.
As for fees, our services are free of charge in most cases because we're paid by the lender for doing the work that would otherwise have been done by a bank manager.

Hope this has been helpful.

Cheers,
Otto
Otto Dargan
Mortgage Broker
P | 1300 889 743
Home Loan Experts

User avatar
Otto Dargan
Mortgage Specialist
Posts: 7730
Joined: Sat Sep 06, 2008 5:55 pm
Location: Sydney, Australia
Contact:

Re: Mortgage brokers help after settlement?

Post by Otto Dargan »

Hi rossssan,

It's unlikely that our customers will pay any fees for our services unless:
  • Their loan amount is less than $200,000.
  • Their situation is very complex and unusual.
  • They are planning on paying out the mortgage within two years of getting it.
We also have fees that will only apply in certain situations, which our mortgage brokers will inform you if you'll be charged:
  • Prepare to buy program - We can complete a prepare to buy assessment for you if you're not ready to apply just yet but want to know how to qualify. You'll be charged $300, which will be refunded once you obtain a loan through us later on.
  • Commercial and business loans - Commercial and business loans are more complicated and require more work than residential mortgages so we may charge a brokerage fee and / or a commitment fee depending on what you're looking to get.
Please note that the above fees, excluding the short term loan fee, are usually waived if you're an existing customer, you've been referred to us by an existing customer or one of our staff members is a friend or family member.

You can check out our website for more information or discuss things directly with one of our mortgage broker by calling 1300 889 743. You can also complete our free online assessment form and we'll contact you instead.

Cheers,
Otto
Otto Dargan
Mortgage Broker
P | 1300 889 743
Home Loan Experts

User avatar
Otto Dargan
Mortgage Specialist
Posts: 7730
Joined: Sat Sep 06, 2008 5:55 pm
Location: Sydney, Australia
Contact:

Re: Mortgage brokers help after settlement?

Post by Otto Dargan »

Hi gangnam,

You can check out why you need an expert and 8 powerful reasons you need a mortgage broker to understand how a good broker can help you get a home loan with the right lender for your situation.

Please feel free to ask if you want more resources or simply give us a call and we'll explain everything to you.

Cheers,
Otto
Otto Dargan
Mortgage Broker
P | 1300 889 743
Home Loan Experts

Post Reply