Australian Mortgage Broker

Australian Mortgage Broker

Australian mortgage broker Oak Laurel can assist foreigners that are buying property in Australia and require an investment property loan to compare options and arrange the loan for them.

It can be difficult for foreigners living overseas to arrange finance for their Australian property purchase. Without using a mortgage broker, finding the right loan can be a long and complicated process for Australians living in Australia. The process for obtaining finance from an Australian bank or lender can be very different from that in a foreigner's home country. Oak Laurel can guide you through the entire process from finding a bank or lender that you qualify for to applying for a pre-approval to the final approval and settlement of the property purchase and loan.

Oak Laurel mortgage brokers have experience with arranging home loans for foreigners living overseas and can make the process a pleasant and satisfying one.


Australia mortgage broker.

COBA concerned about vertical integrated mortgage brokers

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The Customer Owned Banking Association has raised concerns about mortgage brokers in a submission to the parliamentary inquiry

The Customer Owned Banking Association (COBA) has raised concerns about mortgage brokers in a submission to the parliamentary inquiry into home ownership. COBA’s concerns include a misunderstanding of brokers limitations as far as lenders and products offered, obligations of the broker when offering products to the customer and the lack of disclosure regarding vertical integration in the mortgage broking industry.
According to the Mortgage and Finance Association of Australia (MFAA), aggregation/mortgage broker groups that are owned by the big 4 banks, totally or substantially, comprise an estimate of 40% of mortgage brokers. The COBA has strongly and repeatedly opposed vertical integration of mortgage broker groups with banks in the past.
Consumers (You) are right to be concerned about mortgage brokers being owned by the banks and lenders. Many of which have access to only a limited number of lenders and loan products, which may result in customers being directed to their owner’s (Banks) home loan products. Consumers want to visit a mortgage broker so that you can select from a wide range of lenders and loan products. If consumers wanted to go to a Bank and and over pay, then they don’t need to go to a bank owned mortgage broker, just be be fed that bank’s products. Consumers expect that a mortgage broker is owned independently from the bank.

• Oak Laurel mortgage brokers are NOT owned by a big bank or other lender.

• Oak Laurel are mortgage brokers owned independently from the big banks.

• Oak Laurel are family owned mortgage brokers!

Oak Laurel Mortgage Brokers – Home loans made easy!

The post COBA concerned about vertical integrated mortgage brokers appeared first on Oak Laurel.


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Mortgage Brokers Brisbane

Oak laurel are now have mortgage brokers in Brisbane, Australia. Oak Laurel's Brisbane mortgage brokers have knowledge and expertise across a wide variety of finance types and can assist you with:

·        Home loans, First home buyer loans, Investment property loans, refinancing, temporary visa home loans, work permit home loans including home loans for 457 visa holders & foreigner investment property loans, home loans with lenders mortgage insurance waived or home loans with interest rate discounts including home loans for accountants, home loans for vets, home loans for optometrists, home loans for medical doctors, home loans for dentists, home loans for chiropractors and other professionals.

·        Property development loans, construction loans, including multiple units on the same title.

·        Commercial property loans, lower interest for commercial property secured against residential property loans.

·        Self Managed Super Fund SMSF residential and commercial property investment loans.

·        Commercial loans

·        Car loans

·        Personal loans

Click here to find out more about our services.

Why is using an Oak Laurel mortgage broker Broker service a good choice?

Using Oak Laurel's mortgage broker Brisbane service is a good choice because:

At Oak Laurel mortgage brokers we aim to give you with great customer service. This means fast response times, excellent knowledge and honest advice. We work hard and smart to maximise your benefit. Oak Laurel's Brisbane mortgage brokers have access to a wide range of lenders and loans, this gives you many choices.

If you would like for us to assist you in arranging a home loan or other loan please phone us on 0481 368 884 or email us on info@oaklaurel.com.au.    

Oak Laurel

www.oaklaurel.com.au

info@oaklaure.com.au