Statistically, when it comes to obtaining finance in Australia, most people head straight to their bank. However, there are many benefits of utilising the services of a skilled and experience finance broker.
Firstly, a broker’s job is to act in their client’s best interests, by assessing their individual position and sourcing a range of loan options from a number of different lenders that may suit the client’s position. The details of each available option are then carefully explained so that the client is able to make an informed and educated decision as to which product is most suitable to them. No particular set of circumstances are the same and there is no ‘one size fits all’ option when it comes to financial products and services.
Different lenders have different policies, and a skilled broker is able to quickly identify which particular policies are required for a client’s individual circumstances, ultimately enabling them to match the client’s position to the most suitable options. Too many times clients who have been knocked back by their bank resolve to the conclusion that…
“I won’t be able to get a home loan from anyone if my bank won’t give me one”
…which is most certainly not the case. Remember, a bank will only have 1 set of policies and requirements to be met by clients considering their product offerings, a broker can have access to as many as 40 different sets of policies which can save time, heartache and money by narrowing down these options upfront.
Experience counts – if you’re speaking with your bank, ask your lending manager how long they’ve been helping people with loan products. All Vie Financial offices are independently owned and operated businesses and our brokers are committed to their clients for the long term, with many years of industry experience coupled with our extensive Vie training, the service our clients receive is second to none. Banks tend to move their staff around and reward good performers with promotions, moving their best people away from their customers – at Vie Financial our customers remain our focus. No exceptions.