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By Lyndsey Douglas
Here are three ways that a mortgage broker can help to advance your financial planning and buying a property.
The spice of life
While a bank might only be able to give you a particular set of home loan offerings, a broker aggregates products from numerous lenders. This gives you much more variety, meaning you're more likely to find exactly what you need.
Whether it's a construction loan with a particular LVR or simply the lowest rate, a broker should be able to sort it out for you.
Brokers tend to go further and do more for their clients, improving customer service and other offerings as most have similar home loan products.
Specifically, it means mortgage brokers will often go the extra mile - literally - and meet you outside work hours, at your home or office. It's convenience you might not get directly from a bank.
Working with a mortgage broker is hardly a one and done deal.
Working with a mortgage broker is hardly a one and done deal, either. By establishing a well thought out financial plan with a Yellow Brick Road representative, you're forming a wealth management strategy that should suit you for many years. From how much you can borrow to how long you'll need to pay it off, there's always a solution.
A good broker or financial professional can then be by your side through this, providing advice and suggestions for changes that ensure your plans don't go awry. It's more than a transaction, it's a relationship. If you want to find out what a broker can do for you that a bank can't get in touch with us here at Yellow Brick Road.