Archive for the ‘installment loans direct lender’ Category
3. Consider which type of broker to use
September 15, 2022A mortgage broker, or adviser, is someone who will review the mortgages available to you based on your personal financial situation and apply for one on your behalf.
They can save you time by telling you which lenders are likely to accept you and how to improve your application, and can speed up the process by dealing with some of the paperwork.
1. Look for a whole-of-market broker
There are several things you should consider when choosing a mortgage adviser. One of the most important is whether they are whole-of-market.
Meanwhile, if you speak to an adviser based in a bank or building society, they will only tell you about their own product range.
A whole-of-market broker will be able to assess every available mortgage so they can recommend the very cheapest or most suitable deal for you. This could potentially save you a lot of money.
2. Ask about direct-only mortgages
While many mortgages are only available via brokers, some are only available if you apply directly, without a broker. (more…)