When looking at getting a business, investment, or home loan, most people will head straight to their current bank. But many don’t know that they could be missing out on some major perks that come with using a mortgage broker as your own personal loan adviser.  

For something as major as a business, investment, equity cash out, refinancing, or home purchase loan, it is important to know what benefits a broker can provide over going directly to your bank.

1.       Choice

The biggest advantage of using WE Mortgage Solutions over going direct to your bank is choice.

Sitting in front of a mortgage broker is like sitting in front of 30+ banks with hundreds of loan products – rather than just options from one bank.

Even if the end results is you end up using your current bank, WEMS can still add value, by giving you professional and independent advice on which product to choose from their range and liaising with them to ensure you get the loan when you need it.

2.       Find the Best Deal for You

WE Mortgage Solution Brokers deal with lenders on a day-to-day basis. They know what needs to be done for each lender to process your application smoothly and without delay. In the current environment post Royal Commission, the Banks and lenders change staff and rules more than ever before, so it is good to have someone whose job it is to keep up to date with changes.

3.       Time

Applying and following up on the progress of your loan application is time consuming and can be frustrating, particularly if you run a business or have full time job! WEMS brokers will take over all follow up and paperwork – so you don’t have to – as your advocate they will be the middle man between you and your chosen lender. 

WEMS will keep you updated on the loan application at every stage, no waiting on hold, no “for new mortgage applications” select two, WEMS will make sure the lender has everything they need to approve your loan.

WEMS’s relationship with By The Numbers Accounting through The Financial Collective means your financial position will represented in the best possible light to the lender to get the outcome you desire.

4.       Access to Products

Having access to a wide range of loan products means that WEMS are focused on getting the right loan for your personal and business needs. This could also mean WEMS are finding loan products with lower rates, loans with lower fees, or specific loan features to help you pay off your loan faster.

This would mean paying less in the long run, just for using a mortgage broker instead of going directly to your bank.

5.       No cost to you

The service that a WEMS provides is usually at no cost to you, as the lender you choose will pay the broker after your loan settles. This means that you have access to a service to get the best loan – and it won’t cost you a thing.

6.       Strategy

WE Mortgage Solutions is backed and supported by The Financial Collective, the WE Mortgage Solutions team have full access to the Financial Planning and Accounting/Tax team within the office. The collaborative approach between your broker and your financial professionals can further enhance your financial position around lending. Such strategies include

· Tax effective loan structures

· Repay debt quicker

· Cash out for investment or home renovations

7.       WEMS works for you

WE Mortgage Solutions works for you, not the bank, WEMS brokers act as your personal advocate with the lenders – so you can trust them to do everything that needs to be done to get you the loan that best suits your personal needs.

If you are looking for ALL OF THE ABOVE, then why not speak to our friendly and highly knowledgeable Mortgage Brokers Toby & Aarti today on 1300 135953 to see how WE can help you!