Dear Mackay client,

My name is Mark Connor, and I am a Mackay mortgage broker who specializes in helping my existing and new clients in Mackay and surrounding areas.

If you don’t know all the differences in the many loan products out there, it is not your fault. It just takes too much time and effort to examine and investigate all the loan products out there … and who has the time for that? All home owners and property investors have hectic lives, and simply don’t have the time to go through all the product disclosures and features and differences.

That’s where I come in.

Click to read more about how I can save you Thousands of Dollars.

Do NOT use a Mackay mortgage broker until you have read my site. Working with the wrong Mackay mortgage broker can cost you dearly – in paying too high fees and charges but also in time wasted. Not all mortgage brokers Mackay are the same.

Overview: using a Mackay mortgage broker

So what is a mortgage really?

Most people don’t quite understand what a mortgage really is, and why using  a Mackay mortgage broker will be very helpful.  They think that the “bank is giving us a mortgage”. But this is not strictly correct. It is in fact you as the homeowner who grants a financial institution a mortgage on your property and money is lend based on the bank having a mortgage over the property.

And what is the main role of a Mackay mortgage broker?

A Mackay mortgage broker simplifies the whole process of getting a home loan, and works for you and not the lender. They negotiate with all the lenders to get you the best deal possible on home loans, such as interest rate, type of interest (fixed, variable, or a combination), the term of the applicable interest, the term of the loan etc. A Mackay mortgage broker who arranges your home loan finance does not charge fees to the client for their services as they are paid by the lender that you finally get a loan from.

Why use a Mackay mortgage broker?

A ”Born and bred” Mackay mortgage broker has intimate knowledge of the current policies of the lenders, who will do quick approvals, and who can take a long time, who takes forever to get valuations done, and who can speed it up. A Mackay mortgage broker understands current interest rates, the local economy, fluctuating market conditions and can offer access to 20 or more lenders. No matter what your situation is, a Mackay mortgage broker can match you up with a lender that understands your position and can tailor the best plan for your financial future. Especially in a smaller market, the competition for financing is fierce, so a local a Mackay mortgage broker can help you get the best interest rate and overall deal possible. After all, a mortgage is one of the biggest financial decisions most of us make and by saving even the slightest percentage at the outset can save tens of thousands over the term of the mortgage.

How can mortgage brokers Mackay help?

You’re in good hands as a Mackay mortgage broker is fully accredited and licensed, which assures a professional, legal and ethical level of service. One of the most stressful, frustrating and time consuming activities is trying to negotiate with financial institutions one on one. A Mackay mortgage broker can make this an easy, stress free transaction as they essentially shop the mortgage for you to lock in the best rates. Basically it reverses the typical way of qualifying for financing. Instead of you going to each lender and qualifying for each one, your Mackay mortgage broker takes your financial details one time and work with the lenders who will compete for your business. In addition to new mortgages your mortgage broker can assist with refinancing, moving to  new lender for a better deal, the purchase of investment or personal properties,  for both residential and commercial properties.

Benefits of using a Mackay mortgage broker?

The Mackay mortgage broker should not be compared to a local bank, credit union or any other financial institution. A Mackay mortgage broker is independent and have no loyalties with an given lender. Although they are licensed/trained in mortgage financing they work for you and not the lender. A Mackay mortgage broker gets paid a fee by the lender once a deal has been finalized and they do not charge a fee to the consumer. If you have less than perfect credit a mortgage broker can be very helpful in securing financing that otherwise you may not have access to. Traditional banks, especially these days are very careful about lending money to people with tarnished credit or those who are self employed. So, by selecting a Mackay mortgage broker you are exposing yourself to the best lending opportunities available, at no cost and without the hassle – what a deal!

A Mackay mortgage broker – local market knowledge

With interest rates and housing and population and economic trends being what they are at the moment,  demand for Mackay housing is high. A Mackay mortgage broker is also an in-demand professional,  but the competition for a Mackay mortgage broker is very high too, so you have to make sure you get the best. The Mackay market has been kept afloat by employment growth, and local consumer spending stimulated by the local business sector.  I trust that you’ll agree that using a Mackay mortgage broker is a very smart way to make sure you get the very best mortgage deal in Mackay.