If you take out a loan through Mortgage Broker Group, we continue to receive a ‘trailing commission’ from your lender. This means we’re still interested in ensuring your loan is the best one possible. With property price fluctuations, interest rate movements and your changing circumstances, it’s quite possible that the loan you first take out might not be the best loan for you after 5, 10 or 20 years.
Your broker conducts an annual review of your loan, and is also available any time to discuss and questions or concerns you might have. If you we think it’s in your best interests, we might recommend a modification to your existing loan, a negotiation to try to lower your interest rate, or even switching to a new lender.
We’ll present you with options; the choice is always yours.