USING A MORTGAGE BROKER VS DIRECT TO BANK

By: Pankaj Sharma

The survey revealed that consumers choose mortgage brokers because they believe they are most likely to get the best loan for their needs and that they deliver the widest choice of products. Mortgage broker customers selected the channel because:

60% believe they are most likely to get the best loan for their needs

45.8% believe it is the most convenient channel to get their desired outcome

45.4% believe they will get the widest choice of products that are available

26.9% believe they stand the best chance of getting their loan approved

There is no doubt that mortgage brokers provide consumers with more options and a convenient channel to secure approval. Mortgage brokers remove the pain points for consumers when applying for a loan, not only from a convenience perspective but from an expertise level that gives the consumer a greater chance of success. These factors are key, particularly in a tough lending market.

For an honest and unbiased opinion or to discuss your requirements with an Industry Expert, please talk to Funding Zone today on 0478 885 400 or email info@fundingzone.com.au

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