Home loans explained

Whether you’re applying for a home loan for the very first time or you need to refinance, there’s plenty to think about and prepare for. A broker can take all of the stress and hassle associated with getting a home loan out of your hands, so it’s well worth seeking their advice.

Why use a mortgage broker?

Mortgage brokers have access to thousands of deals, many of which may not be available if you go directly to the lender. They can tailor your application according to your financial circumstances, making sure that the home loan products they source for you are tailored directly to your individual needs. This means that you’re less likely to be turned down by the lender, and you could potentially save money on your monthly repayments.

1. Navigating the complexities

If your financial needs are slightly more complex, speaking to a home loan broker could be extremely beneficial. They have access to a range of specialist lenders who are used to dealing with applications of this nature, and are more likely to approve you as a result.

Special circumstances may include self-employment, a history of bad credit, or extenuating circumstances that would otherwise make your application more complex.

2. Need a helping hand?

Mortgage brokers can offer bespoke guidance on all elements of your home loan application, from working out how much you can borrow, through to discussing which insurance plans could be beneficial to you. This doesn't have to end with the filing of your application either.

A broker can answer any questions or worries you may have about the home buying process in general, and keep in contact with other third parties, such as surveyors, solicitors, and estate agents.

3. We'll work around you

We know how busy life can get. Whether it's work, appointments, or managing the school run, the day-to-day grind can be a lot. A home loan broker will accommodate your needs by offering flexible appointment times that work with your schedule - including evenings and weekends.

Everything can be taken care of over the phone, email or face-to-face, so your application and all of the paperwork associated with it can keep on ticking over while you take care of everything else.