Buying a new home is exciting, but with so many lenders to choose from and so many different types of home loan available, finding the right loan to meet your needs can be tricky. So, you may decide it’s easier to get help from a mortgage broker when looking for the right home loan.
Mortgage brokers are popular with Australians buying a property, with almost 60% of all home loans between October and December 2020 settled by a broker1.
Check the brokers accreditations
Ensure they are licensed with ASIC.
Are they asking enough questions?
Mortgage brokers should ask you a lot of questions about what you want in your home loan as well as about your financial situation. This might include:
If you have chosen a suitable home loan option, it is a good idea to ask for the option in writing so you can check the details. And remember, if you don’t like the options provided, you can request other recommendations, or even find another broker.
A home loan is a long-term commitment and likely one of the most important financial decisions of your life. So, you need to be comfortable that you’re choosing the right home loan for your own situation. A mortgage broker could help by talking you through each step, and helping you understand your options, so that you can make a decision.
For more information about Pepper home loans, speak to a Pepper accredited mortgage broker, or you can speak with our Pepper Lending Specialists on 13 73 77.
 Mortgage brokers record highest ever December quarter market share, MFAA, 3 March 2021
This article provides you with factual information only and is not intended to imply any recommendation about any financial product(s) or constitute tax advice. If you require financial or tax advice you should consult a licensed financial or tax adviser. Neither Pepper nor its related bodies, nor their directors, employees or agents accept any responsibility for loss or liability which may arise from accessing or reliance on any of the information contained in this article. For information about whether a Pepper loan may be suitable for you, call Pepper on 13 73 77 or speak to an accredited Pepper Money broker.
All applications are subject to the credit provider’s credit assessment and loan eligibility criteria. Terms, conditions, fees and charges apply. Information provided is factual information only and is not intended to imply any recommendation about any financial product(s) or constitute tax advice. If you require financial or tax advice you should consult a licensed financial or tax adviser.
©Pepper Money Limited ABN 55 094 317 665; AFSL 286655; Australian Credit Licence 286655 (“Pepper”). All rights reserved. Pepper is the servicer of home loans provided by Pepper Finance Corporation Limited ABN 51 094 317 647. Pepper Asset Finance Pty Limited ACN 165 183 317 Australian Credit Licence 458899 is the credit provider for asset finance loans.