If you want to find out more how a loan might suit you, or if the process of looking for a home loan and comparing your options seems daunting, think about using the services of a 1300 Home Loan mortgage broker.
Given the huge number of lenders and home loans from which to choose from, narrowing down your choices to any one loan is no easy task. There’s also a fair amount of research when finding a suitable loan, which you may not have the time for. This is why a number of borrowers turn to mortgage brokers such as a broker from 1300 Home Loan.
1300 Home Loan works with a large variety of Australian lenders to offer you a wide array of products, so you can expect to find loans specific to where you live. What this basically means is that your mortgage broker has access to products listed by national lenders as well as local lenders, and these aren’t limited just to banks but also credit unions and other lending institutions as well.
Who is 1300 Home Loan?
Based in Sydney, 1300 Home Loan is one the nation’s largest mortgage broker companies, and has access to over 200 mortgage brokers across Australia in cities like Sydney, Melbourne, Perth, the Gold Coast, Canberra, and Brisbane. If you live in a remote or rural area, you can benefit through their online or mobile mortgage brokers. It should also be noted that each mortgage broker is privately owned, so you’ll know at all times who you’re dealing with.
1300 Home Loan brokers have access to home loans offered by most of the leading names in the business, as well as smaller local lenders. All these brokers are members of either the Mortgage and Finance Association of Australia (MFAA) or the Finance Brokers Association of Australia (BFAA), and they are in compliance to the Privacy Act when it comes to safeguarding your personal and financial information.
Mortgage brokers who work with this company offer their services to a range of borrowers, from owner occupiers upgrading to a new family home to first time home buyers and investors. Once you choose a 1300 Home Loan broker you can expect him or her to negotiate with lenders on your behalf and find you the best possible deal. As a result, you can expect to save money by finding home loans with lower interest rates, and your broker can also help you look for products that offer specific features which can help you save.
1300 Home Loan is also a highly recognised mortgage broking service. Please read on to learn more about their achievements:
- Australian Broking Awards 2012. 1300 Home Loan was a finalist in the 'Best Innovator', 'Best Marketing' and 'Best Web Presence' categories.
- Australian Mortgage Awards 2012. 1300 Home Loan was a finalist in the 'Most Effective Internet Presence' and 'Best Industry Advertising Campaign'.
- City of Sydney Business Awards 2012. They were also a finalist in the 'Marketing & Communications' category of these awards.
Who do 1300 Home Loan Mortgage Brokers work with?
Some of the lenders that 1300 Home Loan brokers work with include:
- Adelaide Bank
- Bank of Melbourne
- Commonwealth Bank
- Heritage Bank
- ING DIRECT
- La Trobe Financial
- Macquarie Bank
Before approaching any lender on your behalf your broker works through your financial situation and understands your future plans and goals. It’s only after understanding your existing financial situation and taking into account what the future might hold does your broker look for options made available by different lenders.
What does it cost?
As long as you are looking for a residential mortgage the services of a broker from 1300 Home Loan won’t cost you anything. Rather, the broker gets a commission or a fee from the lender you take your loan from, and all 1300 Home Loan mortgage brokers follow a ‘full disclosure’ policy in this regard.
Services that your 1300 Home Loan broker provides as part of this includes giving you loan information and comparing suitable alternatives, negotiating with lenders on your behalf, and taking care of all the paperwork that the process involves.
How can I find out more about 1300 Home Loan?
Filling out the form above enables you to speak to a mortgage broker from 1300 Home Loan. The form requires some basic information from you, which includes your contact information as well as:
- The best time for a mortgage broker to call you.
- The purpose of loan. This can include a buying new home, buying an investment property, refinancing an existing home loan, refinancing an existing investment loan, or looking for a renovation loan.
In this form, you also have to mention if you have an existing home loan or not. Once you complete it a local mortgage broker will get in touch with you to offer free consultation. You can go through the options presented to you, and whether you decide to go with any is up to you — there’s no obligation.
Find the right loan for you
Getting a home loan can be confusing given that there’s no shortage of options from which to choose. Selecting a product can be difficult with the large variety to chose from and the financial jargon which comes with it. The good thing is you can turn to a professional mortgage broker to do the homework for you, and since most good mortgage brokers don’t charge you anything, it can be worth your while to find out what one can offer. While 1300 Home Loan mortgage brokers are professionals, it’s best that you compare them with others in the business, and to accomplish this you can use the comparison service on finder.com.au to good effect.