If you are in need of a mortgage broker who can assist you with your assignment email us at mortgages@assigncircle.com
Mortgage Brokers | Banks | |
---|---|---|
Assessing your payslips and documents | Credit officers will look at your home loan application and work out a favourable outcome. | Credit officers might misinterpret payslips as they don’t understand how to assess your income. |
Specialization | Mortgage brokers know the home loan process and lending policies of the lenders they work with. They are experts in home loans. | Since they offer an array of services, they lack mortgage expertise. They only have knowledge about their own lending policy. |
Home loan options | Mortgage brokers will have a variety of home loan options and interest rates. They are more concerned with matching you with a home loan that fits your situation. | Home loan options are limited as they can only offer their own products. If you don’t fit their lending criteria, then you’d be declined for a home loan. |
Convenience | With the advent of online mortgage brokers, you can apply and submit documents online without ever visiting the office. | While banks do have online application options, most of them will still require you to physically visit the branch to submit documents. |
Interest rates | They will review your home loan at regular intervals to ensure you’re still getting competitive rates on your mortgage. | Banks are not obliged to ensure that your interest rates are competitive. |
Point of contact | They are your point of contact during the entire process of buying a home and will work towards your best interest. | They are working towards the interest of the bank. |
This is what our clients, customers and affiliates had to say about Assign Circle and the team.
Please enter your username or email address. You will receive a link to create a new password via email.