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Other options to an Offset loan
We’ve been operating in the Illawarra for over 2 decades and you can be sure that our brokers are the most experienced in the region.
An awareness of how things work is a key factor when trying to save on interest you pay on your mortgage, possibly saving tens of thousands of dollars over the term of a home loan. Illawarra Mortgage Brokers are aware of this, which is why we tailor the terms of your mortgage to meet your needs rather than that of the banks. We are expert mortgage brokers and the Illawarra's go-to authority for house loans. Our home loan brokers will always strive to get you the best deal possible and we are available in the Illawarra.
Talk to one of our expert mortgage brokers who are fully certified and qualified professionals, with many years of experience behind them.
As interest rates and lending requirements change frequently, comparative research can be complex and time consuming. At Illawarra Mortgage Brokers we can discuss your options with a range of lenders in a single conversation and enhance your opportunity to save money.
When it comes to finding the right mortgage provider, you need someone who is experienced and knowledgeable about the market and who will be able to find the best possible deal for you. Illawarra Mortgage Brokers is a company that has been in the industry for over 24 years, and we are experts at finding the best possible deals for our clients.
Our consultants are trained to think outside the box. Here are some reasons why:
We are advisors who provide objective guidance across a range of lenders and therefore hundreds of loan types.
Our home loan consultants are highly skilled in their field, and there is no financial incentive for them to steer you towards a product that does not meet your needs as the lenders all pay us a similar amount in commission. We do not apologise for receiving commissions, as the only other alternative would be to charge our clients. This works better for our clients as the do not pay for a standard home or investment loan.
Because intelligent technology handles a significant portion of the laborious tasks, your advisor will have more time to devote to the things that really matter, such as getting to know you and guiding you through each phase. We are also very active on educating our clients about their finances. Loan structuring and understanding all of the different aspects is what we want to be able to show you.
We are completely neutral, despite the fact that we have access to all of the major banks and non-banks. This provides you with more choices. We are a member of the Connective group, which is the largest mortgage broking platform in Australia, so this ultimately results in access to dozens of lenders and therefore better interest rates and better solutions through the larger choice of lenders.
Since we’ve been in this business for over 2 decades you can be sure that our advisors have encountered every possible scenario and we are able to assess your loan scenario for possible alternatives and benefits that will place you with the right lender, the first time that you apply.
Unless the transaction is highly complicated (ie. Bad Credit, Super Fund lending or Commercial Lending) we charge no fees to our clients. We are paid a commission by the lenders for the standard type of home loans or investment loans that we do.
We provide impartial recommendations. The lenders we deal with all pay commission from their own pocket – it is not worked into your loan in a hidden fee or interest rate. So it is you, not the financial institution, who comes first in our priorities – We really do look for the best loan options available, on the day that you apply for a home loan.
Our mortgage brokers provide assistance with home loans all over the Illawarra from Helensburg to Gerringong, Wolllongong to Bowral. We have hundreds of satisfied clients that have used us over the many years we have been in business. We believe that we are the best mortgage brokers in the Illawarra and we are here to help you.
Get the best possible rate on your home loan by calling us at 02 4257 5626.
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FAQ
Your journey with us begins by completing our contact form or reaching out to us directly by phone. Our team is ready to assist you through the process. Please note that an initial phone call is required for all applicants regardless. This allows your mortgage broker to understand your needs and objectives and determine how we can best assist you. This call is also a valuable opportunity for you to ask questions and gain a deeper understanding of the process.
You may be wondering why you should use a mortgage broker instead of going directly to a lender.
The main benefit of using a mortgage broker is that they can provide you with a wider range of options. This means you can choose a loan that is cheaper, has a better structure, or is from a lender who is more likely to approve your application.
Not all lenders are the same, and some are better than others in certain areas. A mortgage broker can help you find the best lender and loan for your specific needs. And, since there are no fees to you for using a mortgage broker for a standard home loan, it makes sense to have someone on your side to guide you through the process.
We receive an upfront commission from lenders - only when a loan successfully settles. Additionally, we receive ongoing trail commissions for providing continued support to our clients.
To offer loans from a specific lender, we undergo lender accreditation training. This allows us to work directly with clients on the lender's behalf, completing the tasks that would typically be handled at a branch. We are responsible for sourcing our own clients and matching them with the lender that best suits their needs, and we also have a partnership with an aggregator as detailed below, which allows us to access dozens of lenders.
We partner with an aggregation group (Aggregator), a company that aligns itself with dozens of lenders and banks. Illawarra Mortgage brokers Aggregator partner is Connective Mortgage Aggregator.
This aggregator gives us access to a wider range of lenders and advanced software, enabling us to serve our clients more effectively. The Aggregator receives a monthly payment taken directly from our commission income for each loan. Working with an Aggregator is standard practice for mortgage brokers and is a requirement in this industry.
We offer comprehensive mortgage broker services tailored to your specific needs. Whether you're looking for a home loan, a first home buyer loan, a loan for a second property or investment, an upgrade to your existing home, or refinancing options, we can help.
We also work with lenders who offer guarantor options, allowing parents to assist their children in purchasing a property. View our home loans.
Illawarra Mortgage Brokers holds an Australian Credit License (ACL Number 385841)and maintains full membership with the Mortgage and Finance Association of Australia. Our brokers are required to complete 30 hours of professional development training each year to stay current on all lending practices.
The minimum qualification for our brokers – They must have a Certificate IV in Finance and Mortgage Broking and also have a Diploma in Finance and Mortgage Broking.
The business owner Peter Economos is our most senior broker. He became a mortgage broker in 1988. After working with another mortgage company for two years, he then established Illawarra Mortgage Brokers, in March 2000.
Illawarra Mortgage Brokers has also been the recipient of industry excellence awards, including the 2019 Connective Home Loans, Mortgage Broker of the Year for NSW.
We hope that this information provides you with the assurance of our professionalism and expertise.
We assist a wide range of clients with their property finance needs. Whether you're looking to purchase a home or investment property, refinance an existing loan, or explore other property-related lending options, we are here to help.
We work with clients from all income backgrounds, including salary and wage earners, self-employed individuals, contractors, self-funded retirees, and more.
Please advise if you have any specific questions about our services. We would be happy to discuss your individual needs and circumstances.
Our access to dozens of lenders allows us to offer you a wider range of lending options than brokers with smaller lender panels and therefore limited lender options. With over 25 years of experience, we can also provide expert guidance on loan structuring and interest-saving strategies designed to save you money.
Furthermore, we pride ourselves on our personalized approach, product expertise, and commitment to excellence. These qualities distinguish us from other mortgage brokers in the Illawarra.
During our initial conversation, we can usually determine your likelihood of being approved for a home loan. However, please note that only the lender you choose to apply with can grant final approval. Our role is to present you with options that offer the strongest possibility of securing your home loan.
Regarding our meeting frequency, we tailor that to your specific needs and preferences. We are always available to assist you, so please don't hesitate to reach out for any reason. Additionally, we do not charge any fees for ongoing support.
