Veronica Morgan, host of Location, Location, Location, Australia, recently had a chat with the hosts of the Mamamia Today radio show about important real estate questions, thanks to Aussie.
Q: What’s the importance of seeing a Mortgage Broker?
Veronica: If you go to the bank you are dealing with one person who may not be a mortgage specialist and you are also running the risk of only being offered whatever products that particular bank offers you. Where if you go to a broker, as long as you are going to an experienced broker, you are getting a wide breadth of specific experience about getting finance for property.
There is a wealth of experience behind that that can actually give you a competitive edge when you’re negotiating.
The thing is getting finance from pre-approval to unconditional approval is quite tricky and the difficulty can be underestimated.
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