Mortgage Brokers Can really Save you Money
First home buyers and refinance clients must understand, A good broker is aware of all the loan deals out there. For example from time to time there is the "advertised" home loan rate for the general public. While those of us in the know could get an even bigger discount for our clients.
Not only are there sometimes bigger discounts available but your lender is not likely to ring you up and offer you extra discounts. You might be able to get them if you call and ask but as a broker we review your home loan to make sure it is still suitable and competitive on a regular basis
the difference between what you originally variable loan offer was 2-3 years could be 1 percent better today. On a $400,000 loan that could mean $4000 in interest