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Frequently Asked Questions

FAQs

How much does it cost to use a mortgage broker?
The cost of seeing a mortgage broker is usually covered by the commission received from the lender upon settlement of your loan. In some cases, a broker may charge a fee due to the complexity of the loan. Where a fee is quoted, you must agree to this before starting the process.
What are the benefits of using a mortgage broker?
Mortgage brokers have a number of lenders on their panel to help find the right solution for your needs compared to a bank that can only offer its own products. We also do the majority of the leg work for you, saving you significant time.
When should I refinance?
This will depend on your circumstances, but you should consider refinancing if you can find another lender with a lower interest rate and there would be significant interest savings over the life of the loan after taking into account the refinancing fees (approximately $1,000-$2,000). Another reason to consider refinancing is if your current lender cannot offer you the required product and/ or loan amount to suit your needs.
Are you available outside of working hours?
Better Borrowing has a flexible schedule to suit their client’s schedules; we are available before and after working hours Monday – Thursday and Saturday mornings by appointment only.
What if I'm not located in Sydney?
No problem! With the advancement in technology, we can offer our services remotely. We currently have several happy regional New South Wales and interstate customers.
Am I in a position to purchase a property?
During our initial meeting, we can create a plan to get you in a position to purchase your first home, and in most cases, we find that customers are much closer than they think.
Can I get a loan with poor credit history?
Poor credit history does not necessarily mean you won’t be able to obtain new lending or complete a refinance. However, it will require some extra analysis and a carefully selected lender. If you cannot obtain finance right now, we can develop a plan to get you in to improve your score and review in the future. We work with several credit repair companies, which also may be able to help.

Get in Touch.

Book a convenient time into Ben's calendar below to find out
your borrowing capactiy, or review your existing loans.

 

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Disclaimer

Leybel Consulting Pty Ltd (90 660 320 632) trading as Better Borrowing (542864) is authorised under Australian Credit Licence 389328. Disclaimer statement: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances. Each application is subject to lenders terms and conditions, fees and charges and eligibility criteria apply.