Because they can save you time and money.
As the home loan market becomes increasingly complex, more people are turning to credit advisers. Here are some of the reasons.
Credit advisers can save time
The choices now available in the mortgage market can seem limitless and completely overwhelming. You can choose to research the subject, the lenders and their products yourself, or work with a credit adviser who already has that knowledge.
Credit advisers give you choice
All credit advisers have a panel of Lenders from which they recommend a loan. They have to become accredited with the lender to offer their product, and are required to keep up-to-date with their latest offers.
Credit Advisers can help find the right loan
The best deal is not necessarily the cheapest rate. A good credit adviser will examine your circumstances and future plans to recommend a loan that is right for you. Having an appropriate loan which works for you can help you build wealth.
Most credit advisers don’t charge you
Most credit advisers don’t charge a fee for their service as the lenders pay them a commission for the loans they write. Most lenders offer the same rate via the credit adiver as they would directly, and a credit adviser could save you money in other ways.
Credit advisers can help you avoid pitfalls
Many products seem to offer a great deal but they could have penalties, fees and charges you may not be aware of. Or, they may not offer the flexibility you require in the future. A credit adviser can help you avoid taking out a loan you might later regret.
The only credit advisers to deal with: MFAA members
A good credit adviser can save you time and money, and give you peace of mind. But, remember, only work with credit advisers who are members of MFAA – they are Capital Advantage.