When buying property, be it your first home or fifth investment property, there will be moments when you'll need some help or suggestions on the best way to move forward. At Zest, a Mortgage Broker in Brisbane, we can help you understand the process, risk, legalities and all of the steps to buying a new home.
We do a lot of the heavy lifting for you.
At Zest, we've got a 99% loan success rate and are award-winning Mortgage Brokers who are experts in the Aussie property markets - meaning that we can help with more than just a straight-out loan - like consolidating finances for pre-approval, so you get the property you need and want.
Why use a local mortgage broker?
Did you know that around 70% of Australians now use a mortgage broker instead of dealing directly with a bank? The reason is that a mortgage broker makes everything easier and can get you the right deal.
At Zest Mortgage Solutions, we work for you, not the banks.
That means we have access to over 60 lenders, and as expert brokers, we have a 99% loan success rate. So not only does a local mortgage broker make life easier, but they can also help you get your home loan across the line - in less time.
It all starts with understanding your borrowing capacity, so if you are looking to take out a new home loan or refinance - the easiest thing to do is to chat with an expert. You can chat to Zest here (it's totally free).
Or please feel free to see what we do and meet the team on Facebook, Instagram or LinkedIn!
How does a mortgage broker make money?
At Zest, we work on a commission structure from the lenders - there is no cost to you. It's partly why we've 300+ Google reviews!
Commission to brokers is standard in most industries, especially in financing.
Saying that, some local mortgage brokers may also charge a consultancy fee or other fees. We don't believe this is right - unless you have an extremely complex financial situation and lending needs, like a commercial complex with other investors.
A complicated lending situation can take weeks for a broker to work out, so we can understand why brokers charge fees for this.
However, with home loans and most construction loans - it's a matter of understanding your financial position and lifestyle and finding the most suitable loan product.
So if you are looking at purchasing a home or investment property, there's no need to pay fees. Again, get in touch with Zest Mortgage Solutions.
What does a local mortgage broker do?
A Mortgage Broker is with you at every step, from the moment you consider buying, budgeting, knowing the market, finding the right loan for your lifestyle, making an offer, working with agents, settling process, revising your loan as the market changes, and much more.
Local mortgage brokers like Zest do a lot of the heavy lifting for loan applications and approvals.
As loan experts, we're also here for you if your lifestyle changes down the track, and as local mortgage brokers, we can even recommend other local experts like solicitors if required, help with business loans and more.
In short, a local mortgage advisor does a lot!
Here are 7 top reasons to use a local mortgage broker:
1) Financial guidance, that's completely independent
For many of our clients at Zest, having the proper financial guidance helps, even if you have a deposit or need fresh eyes on your financial strategy.
Understanding borrowing power for self-employed individuals is one area we excel in, as the entire loan process for self-employed people can be extremely tricky.
Self-employed, or if you have a full-time job (much easier:), as a local mortgage broker, we help clients all over Australia. We can create a financial plan for you that fits your current lifestyle and one that lenders look positively on so that you can borrow the full amount you need - and cover your loan repayments even with fluctuating interest rates.
We also help clients with poor credit loans if needed. As we work with over 60 lenders, we have a vast range of loan products and access to lenders to draw from.
In summary: If you need financial help to help with your home loan deposit or understanding your borrowing capacity. your dream property - get in touch with us today!
2) Reducing the choice overload (a major benefit)
At Zest, we work with (and negotiate with) over 60 lenders for you!
Imagine dealing with 60 lenders in person to find the perfect loan - it would be a full-time job. Part of the reason for using a local mortgage broker is for an efficient service that saves you time.
We help clients daily with expert advice - for almost every financial situation.
Reducing choice overload is essential as buying a property alone can be daunting; no matter how big or small the loan is, you will likely spend a few sleepless nights discussing, debating, and trying to find the best course for your needs.
For many of our local mortgage broker clients, buying a home takes a few months. If you work full-time, having a Mortgage Broker on your side can help reduce choice overload and help you get on the right track from day one. Couples to families with hectic schedules - we can help.
3) Lifelong support
So you find the perfect home, secure the right loan, and then move in. Then, all of a sudden, interest rates change, and you wonder, how does this affect me?
By engaging a Mortgage Broker from day one, you'll have a lifelong mortgage expert and advisor on your side.
Most Aussies are so busy pursuing careers, working flat-out and taking care of family that it's comforting to know you can reach out to your local mortgage broker anytime. At Zest, we also provide ongoing education with short emails each month - so that you always know what's going on from the application to the settlement process.
This is also where major lenders fall short, including a bank branch; their support could be better. We would class Zest in the boutique lenders category simply because we provide a tailored service to all our clients - and we are here whenever you need us.
The loan options that are right for you now may be different for you in 3 years, and that's the power of lifelong support with a local mortgage broker like Zest.
4) Local property expertise
Sometimes, you might know "where" you want to buy and then find out that there's another suburb that will suit you better.
Sometimes, this is due to the suburb's market value trends; other times, it can be simply having all the right amenities for your lifestyle. At Zest, we constantly research market trends, prices, demand and opportunities. Because, at the end of the day, a local Mortgage Broker can help you make intelligent decisions with information you may not be able to obtain elsewhere.
Understanding local trends is particularly important for investment property loans, where the investment loan application process is just the beginning. You also need tenants, insurance, agents and more - and we can help you find the right people for your unique needs.
Finding the perfect home should include finding the perfect home loan.
Understanding the area you are buying in is just the beginning but a crucial first step.
If you need any help understanding a suburb, our local mortgage broker team can help. Just get in touch with Zest today!
5) Real-estate agent help
When you know the area you want to buy in, especially first home buyers can often be pressured by real estate agents with high-pressure tactics that can not only see you buying a home that falls short of your needs but also push the limits of your deposit requirements and loan eligibility requirements.
Real estate make their living from selling properties, and you need to know how to navigate them.
Real estate agents know the tricks of the trade, and having a highly experienced Mortgage Broker on your side can make negotiating much more comfortable. At Zest, we've dealt with many local real estate agents and can help you avoid the agent traps along the way.
We can also help you avoid borrowing restrictions if your home budget changes without pre-approval or understanding what the extra capital could mean to your repayments.
Contact our local mortgage broker team if you're looking for local real estate agents!
6) Property research help
What may appear to be your dream home on the first visit can become a different story if you need to do the right research.
A Mortgage Broker like Zest will help you do the right due diligence, often before you book and pay for a building inspector.
Ask us for a complete list (just contact us here), but examples like properly testing the shower, checking lights and windows work, walking the neighbourhood and understanding traffic, knowing the local amenities, and much more that matter when you own a home.
This benefit of using a local mortgage broker like Zest Mortgage Solutions is a big one, as it's not just the cost of your new home you need to consider. It's the feeling of waking up each day in your home! If you want any property insights, please get in touch with our dedicated team.
7) Savvy property people
At Zest Mortgage Solutions, we know the processes and traps when working with banks, real estate agents, solicitors, building inspectors, and a list of people involved in the property market.
Having lifelong support is one thing; having a team of savvy experts on your side can be the difference between having a great experience and one you'd never like to go through again when it comes to buying a home, having savvy people on your side matters!
Our team has a wide range of skills beyond regular home loans, so if you are looking for a team of savvy local mortgage brokers, we can help.
In Summary, a local mortgage specialist like Zest helps with more than just your home loan.
So after all of those benefits, of course, the most significant advantage of using a local Mortgage Broker like Zest is to help you secure the right loan and great rates for your needs. At Zest, we negotiate with 60 different lenders with a 99% loan approval rate.
We also have over 200 glowing five-star Google reviews and growing, from clients in Brisbane, Gold Coast to Perth; a local mortgage broker is someone you can work with at any time, and with the rise of popularity of tools like Zoom since Covid, Zest is Australian wide local mortgage brokers.
We would urge you to chat with a mortgage broker, even if you are currently with one of the traditional lenders - we can likely help you get better terms and better rates.
Please feel free to reach out to Mel and the Zest team. We've helped hundreds of delighted clients get the loans they want and need. We make the application process simple and everything else easy, too! We’ve also offices in Springfield, Ipswich & Flagstone - but help clients all across Brisbane & Queensland!
