{"id":317,"date":"2017-07-10T07:07:20","date_gmt":"2017-07-10T07:07:20","guid":{"rendered":"https:\/\/www.pfinancegroup.com.au\/?page_id=317"},"modified":"2024-04-05T07:41:06","modified_gmt":"2024-04-05T07:41:06","slug":"mortgage-brokers-sydney","status":"publish","type":"page","link":"https:\/\/www.pfinancegroup.com.au\/services\/mortgage-brokers-sydney\/","title":{"rendered":"Mortgage Brokers Sydney"},"content":{"rendered":"[vc_row fullwidth=”yes” top_margin=”0″ bottom_margin=”0″ el_class=”cta-bg” background_color=”#d39751″][vc_column el_class=”mort-bin”][vc_column_text]\n
CALCULATE NOW \u00a0<\/a><\/p>\n<\/div>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row top_margin=”0″ bottom_margin=”0″][vc_column width=”1\/2″ el_class=”secure-real”][vc_column_text el_class=”about-content”]\n Mortgage is a loan which is secured by real estate or property. The buyer receives the fund to buy a home or any property and the lender is promised to pay back the money by the buyer within a decided time period for a particular cost. Mortgage is binding lawfully and providing the right to the lender for having legal claim against the home of the borrower if he fails to pay back the money according to agreement. It basically means that your property or house is possessed by you but it is owned by the lender until you pay him back completely.<\/p>\n Basically, a mortgage is paid back in form of monthly payments which consists of a principle and interest. The principle is repaying the original borrowed amount and the interest is the price to borrow the principle amount for last month. Monthly mortgage payments consist of taxes, interest, principle and insurance. Well, the amount of tax will vary depending upon where the borrower stays. The whole process to apply for mortgage loan could be stressful. Banks provide such loans only after checking past credit history and any disputes in information. But with Proficient Finance Group, you don\u2019t have to panic about your credit history as we have private mortgage lenders who will fix everything right for you.[\/vc_column_text][\/vc_column][vc_column width=”1\/2″][vc_single_image image=”370″ img_size=”full” alignment=”center” el_class=”clean”][\/vc_column][\/vc_row][vc_row fullwidth=”yes” fw_columns=”yes” top_margin=”0″ bottom_margin=”0″ el_class=”view-serv-bg”][vc_column width=”1\/2″ el_class=”fin-col”][vc_single_image image=”1734″ img_size=”full” alignment=”center” el_class=”img-slider-top”][vc_column_text el_class=”serv-content” css=”.vc_custom_1712302843517{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;}”]\n Now, the question comes who is a mortgage broker and what is their role. A mortgage broker is basically a middleman who works with lender and borrower. The broker qualifies a borrower for mortgage and collects assets or income documents, credit history and all other details to assess the ability of borrower to get financing. The suitable amount of loan, loan-to-value ratio as well as the perfect loan type of the borrower is determined by the professional mortgage brokers. They submit the details then to the mortgage lender for acceptance. However, the borrowers can even choose all these according to their wish if they want. View All Services \u00a0\u00a0<\/a>[\/vc_column_text][\/vc_column][vc_column width=”1\/2″ el_class=”fin-bg”][vc_row_inner el_class=”fin-col3″][vc_column_inner el_class=”fin-col1″ width=”1\/2″][vc_single_image image=”1730″ img_size=”full” alignment=”center” el_class=”bork-img”][vc_column_text el_class=”owner-content”]\n Read More Details \u00a0\u00a0<\/a>[\/vc_column_text][vc_single_image image=”1732″ img_size=”full” alignment=”center” el_class=”bork-img”][vc_column_text el_class=”owner-content”]\n Read More Details \u00a0\u00a0<\/a>[\/vc_column_text][\/vc_column_inner][vc_column_inner el_class=”fin-col2″ width=”1\/2″][vc_single_image image=”37″ img_size=”full” alignment=”center” el_class=”bork-img”][vc_column_text el_class=”owner-content”]\n What is Mortgage?<\/h2>\n
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Who is a Mortgage Broker?<\/h3>\n
\nIt is the broker only who communicates with the lender and borrower at the time of transaction. The broker works on behalf of the borrower for finding the lowest mortgage rates available along with beneficial loan programs. The best thing is that the broker saves much time of the borrower during the application process as well as high amount of money.
\nMortgage brokers charge a loan orientation fee or broker fees upfront. Many are even seen to render no-cost loans by using lender credit that significantly increase the interest rate of borrowers but the out-of pocket costs are eliminated.<\/p>\nFinance For Owner
\nOccupied Purchases<\/h3>\nFirst Home Owners<\/h3>\n
Mortgage Lending<\/h3>\n