As with any industry, the lending industry is full of companies that may or may not operate at the pinnacle of ethics. It’s important that you do your research before working with a mortgage broker. Baldivis residents and those in the surrounding areas can look for certified mortgage brokers to insure that the whole process is handled professionally and ethically.
When applying for a home loan in Baldivis, Rockingham or Kwinana, look for brokers that have certification by the Mortgage & Finance Association of Australia or MFAA. This is the agency that helps certify brokerages to insure that consumers work with brokers who have advanced education and ethical integrity. There are advantages to working with MFAA brokers. When you work with a certified broker, you can feel confident that the lending process is being handled correctly.
Benefits of Working Directly with a Broker
When you work directly with a certified mortgage broker in Rockingham, Baldivis or Kwinana you are guaranteed that they have the education and experience necessary to facilitate your loan. While many brokerage agencies claim to have educated and experienced loan officers, those accredited by the MFAA have at least two years of experience and engage in continuing professional education throughout their career.
You can also feel secure when taking out a loan with a certified broker. The MFAA holds certified brokers to high standards and expects them to follow strict ethical and professional standards. Not only will you get the loan that’s right for your family or business, you will get the service you expect from a professional in the mortgage industry.
Improved Dispute Resolution
When you choose to take out a home loan in Kwinana, Baldivis or Rockingham, it’s important that the mortgage agency you choose understands how to resolve disputes. Did the interest rate you were promised change drastically? Are there inconsistencies in the loan application process? No matter what problems you incur when trying to obtain a mortgage, working with a certified broker means that there is a set dispute resolution process that helps you resolve conflicts.
Agencies that don’t boast MFAA accreditation may or may not have a streamlined resolution process. You can end up with an overwhelming situation on your hands, along with the stress of still needing to secure a loan. At Smartline Mortgage Brokers Rockingham, our brokers follow the guidelines set forth by the MFAA. We work hard to help you secure a loan while providing efficient, professional service.