Frequently Asked Questions

Can I apply for a loan if I have not yet found a house?

We always recommend that you arrange to have your home loan prepapproved before making an offer on a property. There is no cost involved to have your borrowing capacity confirmed in writing and it will provide you with confidence when you shop for your new home knowing you have your finance approved in principle. It also speeds up the formal loan approval process. Real estate agents are more likely to write up an offer if you make them aware you have your home loan preapproved.

How much does it cost to use a mortgage broker?

Our service is free of charge as we are paid a commission from the lender after your loan settles.

Why would I use a broker when I can deal directly with my bank?

By going to a bank you will never really know if you got the best deal as they will only offer you one product. When you use a broker they provide you with a choice of options that include the most competitive loans available in the market. The best deal today may not be the best deal tomorrow. We receive daily updates from all the lenders notifying us of special deals, market updates and credit policy changes so we are well placed to provide you with professional up to date advice.

We also take care of all the paper work and liaise with your real estate and settlement agent to ensure your settlement occurs on time. Dealing with a broker saves your both time and money plus your broker will meet with you at a time and place convenient to you.

Why should I choose a MFAA Approved Broker?

Miss Mortgage & Associates is a proud member of the MFAA. This means we have several years experience in broking, meet educational requirements, abide by the MFAA code of conduct and undergo ongoing professional development. MFAA members are known for their experience, passion and integrity within the finance industry.

Will the choice of lenders I am offered be unbiased and not driven by your commission?

We will be transparent in the choices we provide for you and will show you why one lender may be more suited to your individual needs and objectives. All commissions are clearly disclosed at the first appointment.

Finance with a feminine touch!

Miss Mortgage Pty Ltd (ACN 122 968 316) trading as Miss Mortgage & Associates (ABN 90 122 968 316) Australian Credit License 384994.
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