The Mortgage and Finance Association of Australia recently launched a national awareness campaign of the importance of mortgage brokers and the role they play in getting the best deal for customers. Mortgage brokers are responsible for 55.7% of mortgages written in Australia and that number has slowly crept up since the mid 90’s, which is when mortgage brokers first entered the market.  We also saw the likes of Aussie Home Loans and Wizard enter the mortgage market and shake up the banks by offering lower mortgage interest rates together with other mortgage managers but we all remember Aussie Home Loans as John Symond was a genius in creating awareness and publicity. Since then, the mortgage brokering industry has come a long way and a lot has been done to clean out the cowboys in the industry.

Despite the current challenging period for the banks with the Royal Commission, the value mortgage brokers offer has continued to grow. Mortgage brokers are in a unique position to understand your situation and then offer the best suited product from any of the major banks, their affiliates or the smaller lenders, which saves you from all the running around trying to research the different loan products available and also through the application process.

Some of the things a mortgage broker will help you with

• Understanding your needs, objectives and future goals to offer loan options that will suit now and in the future
• Assistance with structuring your finances
• Seeking the best possible loan option
• Further discounts on your interest rate, not offered through the lender directly
• Personalised service

Ever wonder why you should use a Mortgage Broker? Check out the video below. For more facts and figures on why we’re the best option when buying a house, visit brokerbehindyou.com.au #findafairerdeal

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