Recommended Mortgage Broker

Hi All,

I am looking to get advice/guidance on my IP loans to help me improve my serviceability and grow my portfolio. Can anyone recommend a good property savvy mortgage broker? Doesn’t have to be PIPA member but would be ideal but experience helping investors build large portfolios.

I live on the NSW centrally coast and work long hours so a central coast broker would be ideal but not must with today’s video conferencing.

thanks in advance.

Mezza

 

There are about 30 brokers on here. Have a read and see whose style you like.

 

thank you. Will have a look at them.

 

I wonder how the opinions will chabge if all these brokers here work under one umberalla ?!

 

Why would that happen?

Couldn't happen, but if it did it wouldn't make bad brokers good or good bad

 

If commission and fee structures are same/similar then its just the underwriter thats different.....so when everyone will be working under sane umberalla as One team -clients will get consistent advise and benefits rather than confusion due to diffetent tectucs around how much more one can get with MB A vs MB B etc....

 

That is wrong on so many levels. How many ways are there to structure one loan with one lender?

 

That's my point.....!!

 

Sorry I don't get it

 

What is your point exactly?
It's a big conspiracy, all brokers on this site are actually one person with multiple log ins

 

All brokers see things differently, and have different levels of expertise. Commissions and fee structures have very little to do with anything, in reality.

 

@Terry_w given that there are various ways to structure the loan and it comes down to a individuals risk/income and the goal - does it mean one have to talk to numerous people and provide personal confidential information to multiple MB....?

Lets face it in todats time akk MBs be puttung their hands up and providing strategies on how to structure and if thete are multiple ways to structure a loan how does one validates that this is the one he/she wants?

 

Most will have different ideas on how to structure a loan, even with the same bank and client. The problem for the average person is working out whether the broker knows what they are talking about or not.

 

Thee are lots of ways you CAN structure a loan.

There are less ways that you SHOULD structure a loan.

If you pick a broker that posts here regularly, you can't go too far wrong. They'd be boo'ed and hissed outta here if they didn't know what they were doing

 

It is a big problem, as an example I want to achieve X and you may suggest Y approach to get me to X and lets say @Jess Peletier suggests Z and both of these strategies can get me to X so for me it is a dilemma or a gamble...

 

You will need to make a decision. It is the same with getting legal advice, tax advice or even medical advice. Not everyone agrees because there is not just one answer.

 

Hi Jess, what happened to that thread you put up yesterday about Margaret Lomas and her thoughts about paying P&I

 

I deleted it My thoughts remain, but I probs didn't have to bring Margeret into it

 

Do MBs send potential client information O/S for assessment and other paperwork or do it by themselves here in Aus?

 

When we get all those advices we only provide specific info related to that however with MB one needs to provide every thing.....