Why 2017 will see more people using a mortgage adviser

2016 was an outstanding year for the mortgage industry with interest rates hitting an all-time low, making it a labyrinth for New Zealanders to borrow. Constant changes to lending have been a contributing factor to why more and more people are using a mortgage adviser when it comes to purchasing real estate. Consumers want someone who can help maximise their chances of securing the property they’re after with minimal work involved. With so many different options out there, why are mortgage adviser services now more sought out than ever?

They do the leg-work

Being in the market for property can be an overwhelming experience at the best of times, and having someone do all the research, negotiation and working out the nitty-gritty of the paper work can make a world of difference. In fact, for some, that is all the difference. Having an adviser do the groundwork will both facilitate the process and save the time that most people don’t have, these days.

Using a mortgage adviser, means having an expert who is familiar with the market and because they know what each lender looks for [and doesn’t], are in a position to give the borrower a more tailored solution to their circumstances and needs.

The relationship

The relationship with a mortgage adviser is a long-term one. Long after the exchange of documents and settlement, they are still there to support, answer questions or even assist with another property. Because purchasing real estate is a long-term investment, it’s important to know that there’s a trusted adviser right there, all the way.

Ultimately, a mortgage expert is there to provide unbiased advice, independent of any bank or financial institution. Their role is to educate and always have their customer’s best interest first.