When you’re working with a broker, is getting the right home loan the end of the story? At Aussie we believe it’s just the beginning. We spoke to Janine Ashmore, an award-winning Aussie Franchisee based in Darwin, who described why a good broker is for life, not just a home loan.
Let’s face it. Navigating the world of home loans and finance can be daunting and that’s why a good broker can be worth their weight in gold. Whether you’re buying your first home or your next home, a broker can provide valuable guidance through the choices available to you. They can manage the applications, look after the paperwork and do what they can to ensure you’ve got a home loan that will work hardest for you.
You’ve got the loan you wanted and everyone’s happy. Isn’t that the happy ending? While your loan might be right for you now, what about the years ahead? Some experts agree that thinking about the relationship with your broker as a long-term proposition could be highly beneficial.
As your life changes, your home loan needs are likely to change too. By having a broker to talk to who’s already invested the time to get to know you, you’re already a step ahead. Not having to start the whole process over with a stranger is one of the key advantages of looking at your broker as a longer term partner.
Someone who knows and understands your community
We asked Janine Ashmore, an award-winning Aussie Franchisee based in Darwin, why a broker is in it for life and not just for a loan.
“Many brokers work in and around their local community so our customers really matter to us.” she says. For Janine, as with other Aussie brokers around the country, this means going the extra mile to help ensure that all members of the community can be better informed and have access to the right home loan products.
Janine’s commitment to supporting the needs of the diverse community in Darwin even led to an office move. “We moved to a location that has a specific space to host the seminars I run, creating an important community space“, said Janine. Janine’s information and education sessions have been developed to cater to different segments of the community, and she invites specialists in defense housing, portfolio growth and first home buying to speak at these seminars to offer their wisdom. Janine neatly sums up the reason behind her commitment to supporting the local community, “We want to help people make smart choices at every opportunity.”
Like Janine, an Aussie Broker is part of your community and understands the area.
Looking after your needs long-term
Getting a loan is one thing, but what happens when your circumstances change? A broker who knows your situation and your goals is likely to be better prepared to help find the loan that’s right for you.
Janine looks at the relationship between broker and customer as a conversation that continues throughout their borrowing life. “Someone might come to me because they’re buying their first home and are scraping together the cash,” she says. “A few years later, they may require equity for purchasing, or might be transitioning to retirement. The relationship is an evolving one.”
“The better the relationship with your broker is, the more they’ll be on top of your needs and what the right deal is for you,” she says. “The longer the relationship, the easier it is to help you stay on track.”
How your broker could help in the future
Life brings many challenges and opportunities. Here’s just a few examples of how your broker can help you stay on top of them all:
• Buying your first home – from explaining the ‘jargon’ to doing the paperwork your broker can help you find the right deal.
• A growing family – a baby on the way may mean changes to household income or you may need a bigger home. Your broker could help negotiate a better deal for you or help you through the process of selling and buying.
• Change in circumstances – life can throw up the unexpected – losing a job, a serious illness, receiving an inheritance or winning the lottery! Your broker can help to scale your borrowing up or down.
• Using your growing equity – your broker can help ensure that your loan will let you access growing equity in your home when you want or need it.
• Investing for your future – if you’re looking to invest in property, a broker can help you leverage your current position and find a loan that will work harder for you.
Find someone to trust
As in any relationship that’s going to go the distance, you need to find a broker that you feel you can trust. Of course, trust is something that has to be earned, but a good place to start is to look for accreditation. “Make sure you find someone with a really good reputation. You should look for a good brand that has training for its brokers, requires a diploma, and has industry awards behind them. This gives them credibility.” Janine says.
Aussie brokers have been trusted by thousands of Australians for over 25 years. To find out why, get in touch with your local Aussie broker. Aussie brokers are trained and accredited professionals who’ll take the time to look at your individual situation and your future plans before recommending a solution that will work for you, now and in the years ahead.
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