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Commercial loan

Activity of Mortgage Brokers / Help of Mortgage brokers

Activity of Mortgage Brokers

By | bad credit, Commercial loan, Construction Loan, Debt Consolidation, Guarantor Home Loan, Low Doc home loans, Low Doc Loan, Mortgage Brokers | No Comments

Activity of Mortgage Brokers

There are many situation, where you need help of Mortgage brokers. For example, you need:

Suitable loan for you

Your Mortgage Broker must talk with you, answer your many questions. This gives him the opportunity to determine which type of loan is most suitable for you.
You will need to provide documents to support your identity and financial situation. Your mortgage broker will advise you of what you need for your particular situation.
If your mortgage broker has an understanding of your objectives and financial position, he will discuss the various loan products available. A mortgage broker should also provide you with product comparisons and inform you of proposed mortgage repayments and any upfront and ongoing fees.

After that, your mortgage broker will search their database containing hundreds of loan products from many different lenders, including major banks, smaller banks, credit unions and other lenders. This database of Premium Mortgage Brokers includes 40+ lenders. We have access to some exclusive loan products which are not available elsewhere.

Manage the whole process

The mortgage broker negotiates on your behalf with the lenders from the beginning of the process and until the loan is settled. Your mortgage broker will help you to complete the necessary paperwork and liaise with the lender on your behalf. Your mortgage broker is also required to inform you of Internal Dispute Resolution procedure.

The responsible lending obligations require a mortgage broker to:

  • Reasonable Inquiries. He make reasonable inquiries of the consumer about their financial situation.
  • Assess whether the credit product is unsuitable for the consumer and only proceed if the credit product is not unsuitable.
  •  Copy of the assessment. He andgive the consumer a copy of the assessment if requested.

Premium Mortgage Brokers are best specialist in SydneySunshine Coast and Brisbane. We also have a list of most popular questions for Mortgage Broker.

How to choose a Mortgage broker?

Benefits of online home loans / Essence of online home loans

Online home loans

By | Commercial loan, online loans | No Comments

Essence of Online Home loans

Whether your building an investment portfolio, buying your first home or renovating, we have a suite of home and investment loans to suit your needs. We can handle the whole process online so you do not even need to leave your home or office. It could not be easier!

Finding the Right Home loan Online

There is no need to make the home loan process complicated thats why we have an online system that makes this process simple and stress free. There is no need to make after hours appointments and have a stranger come into your home. Once we have the initial information from you, the process will just fly along and you will generally not need to lift a finger. Let us do all the work for you!

Types of Online Home loans:

The list goes on…..
Premium Mortgage Brokers  are experts in online home loans and can take care of the whole process seamlessly.
So now you know essence of online home loans. Now you understand the types of online home loans.
Bad credit home loans are a big speciality of ours; we can handle these online or can visit you in  Sydney, Sunshine Coast and Brisbane.
If you want to know anything else please contact us. You can contact us without leaving home.

The role of Mortgage Broker / Who is Mortgage Broker / Advantages of Mortgage Broker

Who is Mortgage Broker?

By | Commercial loan, Debt Consolidation, Mortgage Brokers | No Comments

The role of Mortgage Broker

Mortgage Broker specialty arose in connection with the large growth of credit institutions. These institutions engaged in mortgages and a large number of mortgage programs. A home loan is considered more complex than a consumer loan or car loan, so here the role of Mortgage Broker is much more visible.

Who is Mortgage Broker?

Mortgage Broker – is a legal or individual entity, who has professional skills and is well versed the si intuation prevailing on the mortgage lending market. First of all he/she helps clients chose the most suitable mortgage lending product to suit their needs. Secondly a Mortgage Broker will cooperate with all the various other professional like real estate agents, solicitors, valuers. Thirdly a Mortgage Broker will make sure your home loans settles on time and without problems. You can read more about Activity of Mortgage Brokers there.

Advantages of Mortgage Broker

The main advantages of an assistant for lending is the years of experience in the procedure of mortgage lending and personal contacts with banks. In favor of all brokers is one significant fact – savings. This option will save you money and get you a home loan cheaper than if you went to the trouble of applying for a loan with the bank in your own. You getting loan with help of mortgage broker? Be sure, bankers will come to you with a great attention.

The Mortgage Broker takes over all the worries and concerns about your home loan.

Mortgage broker helps you with:

Premium Mortgage Brokers are best in Sydney, Sunshine Coast and Brisbane.

So now you know who is Mortgage Broker. Do you want to know why mortgage brokers are better?

If you want to know anything else please contact us. You can contact us without leaving home.

Why do you need commercial loan / Commercial loan advantages / What is "Commercial loan?"

Why do you need a commercial loan?

By | Commercial loan | No Comments

So what is a “Commercial loan?”. Why do you need a Commercial Loan?

Commercial loans are far more popular these days and more Mums & Dads become more sophisticated delve into the world of Commercial Property Investment. Commercial lenders are aware of this trend and have made the commercial loan process much easier than many years ago.

So Commercial Loans generally have higher interest rates compared with Residential Home Loans, but we are seeing more and more lenders offer huge discounts to attract more business in the commercial loan space. Some of the interest rates we are seeing now are similar to the lowest Residential Investment Interest rates.

Commercial loan Features

  1. Up to 80% Loan to Value Ratio for a standard Security
  2. Up to 25 year terms
  3. 100% offset accounts are available
  4. Interest Only available
  5. Low doc, Lease Doc, Full Doc & No Doc available
  6. Standard and specialised securites

The interest rate available will depend on a number of factors with some of these being, location of security, Loan to value ration (LVR), type of security and whether the loan is full doc or low doc.

Should you use a Commercial Mortgage Broker?

Definitely without a doubt; the commercial loan space is filled with 100’s of mainstream and second tier members. So you need to know what your best options are when sourcing commercial finance. Bank never publish their commercial loan pricing so they will always try and place a higher margin onto your interest rate. Commercial Mortgage Brokers will know exactly what rates are available at the time, and will know how to negotiate the lowest interest rate possible for your individual situation.

Premium Mortgage Brokers can help you with commercial loan in all parts of Australia including Brisbane.

So now you know what a “Commercial loan” is , commercial loan features and why do you should use a commercial mortgage broker.

If you want to know anything else please contact us. You can contact us without leaving home.