Discover Sydney’s Finest Mortgage & Home Loan Broker
Leading Home Loan Experts
Leading Home Loan Experts
Our team of broker experts are here to educate our clients while providing an enjoyable experience from start to finish.
With access to over 40 lenders, we will find a great rate for you. From home loans to investment loans, we’re here to help.
Building a home unique and specific to you and your family’s needs definitely sounds exciting and rewarding.
Our Award-Winning Achievements
How We Work
To begin with, we as your mortgage broking specialists, evaluate the gravity of your situation and then strategize accordingly. If you are planning to buy your first property, we understand how significant yet stressful the decision and the whole process of getting a home loan is to you. Thus, we start by informing you and guiding you at every step to help you become the owner of the property of your dreams.
A Mortgage Broker acts on your behalf throughout the process of obtaining your home loan, investment loan, debt consolidation, and refinancing. Their Primary role is to Prepare your home loan application, present to you your options, submit your file to the lender, manage communication between the other professionals involved and the banks; as well as sign your papers, educate you, and be by your side from start to finish and beyond.
A mortgage Broker acts on your behalf (like a real estate agent would when selling your house) to obtain finance for your home loan. They are the middleman between you and the bank.
A Mortgage Brokers role includes educating you on home loans, preparing a pre-assessment discussing with you your borrowing capacity, and discussing your bank options (because unlike when you walk into a bank where you have one option, Mortgage brokers generally have a large panel of 45 lenders to choose from). They will assist in packaging up your application and presenting it nicely for the lender to approve.
A Mortgage Broker will manage communication with the lender, negotiate, and come back to you to discuss what the lender is after. Often this will illuminate bank language jargon and waiting times on hold with the lender.
A Mortgage Broker will also go over and sign your application and formal loan documents with you. Explaining and answering all of your questions.
A Mortgage Broker will also be managing communication with the real estate agent and Conveyancer for settlement.
In short, A mortgage broker will save you a lot of time and stress.
The world is a busy place, and you are most likely a busy person, home loans and Mortgages are not a thing to rush, it is something that takes a lot of time and understanding. Using a Mortgage Broker will save you a lot of time, potential stress, and money.
A Mortgage Broker can look over and compare many banks of your application, they can see which bank has the best products for your circumstances, the lowest interest rates, and fees. This can save you a lot of money in the long run, where a lender may not tell you that the back around the corner has a better product for you.
While there is nothing necessarily wrong in choosing to walk into a lender directly and get a home loan, a Mortgage Broker does offer more options, they also have the ability to negotiate and often are more available on the phone and email.
In most cases, we will not charge you for our services upfront, but once you settle on your property your Mortgage Broker will receive a commission from the lender for giving them business. This will be discussed with your mortgage broker.
What a mortgage broker needs from you when completing your application does depend on your personal circumstances however as a rule of thumb, a broker will generally include a form of ID ie driver’s license or passport, evidence of income (payslips, NOA employment letter, Business financials, bank statements showing salary credits,), evidence of funds to complete (bank statements).
As brokers in most cases do not charge a fee for their services, mortgage brokers make their income though the commission they get paid when a client’s home loan settles. The commission amount will be stated on your loan documents. This all deppends on your loan scenario.
Where a lender lends money directly to you, a mortgage broker does not, they work between you and the lender to get you the best results.
A mortgage Broker simply can give you more value, from more flexibility with lenders to meeting times and the ability to negotiate. Over 70% of home loans are through mortgage brokers.
Derwent Finance has branded its office to be an approachable, fun, eye-catching, educational, professional, and safe space for First Home Buyers and their families.
Derwent Finance applies the following approach to make their client base feel right at home; simplified language by breaking away from the norm of banking language (jargon) as well as maintaining honesty, and patience, and maintaining the highest level of customer service standards through ongoing and up to date communication held with clients and continuous growth and training of their team.
Every client at Derwent Finance has their very own customer service specialist. Their customer service specialists look after all communication from the first touch point through to settlement, this ensures the very best communication, no emails missed, and the client gets the time and dedication they deserve.
The Derwent Finance team is made up of the following roles; Mortgage Broker, Customer Service Specialist, Lending Assessor, and Settlements Officer.
Each member is involved across every client transaction in their own specialty area, this allows for an easy and streamlined process with little to no delays. This approach is highly favorable with all their clients and the feedback suggests they thoroughly enjoy the methods used.