Mortgage broking is much more than just finding a cheap loan. The first step is to understand your objectives and circumstances and create a clear strategy. Once the strategy is clear, we will work to find the best products and services tomeet that strategy and then take care of all the complexities of securing a mortgage.
Unlike banks or lenders that offer their own mortgage products, we work independently and have access to a wide range of loan options from different lenders. This allows us to compare loan products, interest rates, and features across multiple lenders to find the most suitable mortgage for you.
Using a mortgage broker offers several advantages. Brokers have access to a broader selection of loan products, including those from lenders that may not have a physical branch presence. We provide personalised guidance, compare options on your behalf, and handle much of the paperwork, simplifying the mortgage process for you.
Mortgage brokers in Australia are paid by the lenders upon successful completion of a loan and receive upfront and trail commissions based on the loan amount.
You don't directly pay for our services except for some complex activities where we charge fees for our services, however these will always be disclosed and agreed up front.
Yes, we can assist you if you have less-than-ideal credit. In fact, this is something that is quite common and we work with lenders who specialise in helping clients with various credit profiles. We can assess your situation, provide advice on improving your creditworthiness, and connect you with lenders who are more likely to approve your application.
Tandara works with a number of credit repair organisations.
To apply for a mortgage, you'll typically need to provide proof of identity, proof of income (payslips, tax returns), bank statements, employment details, and information about your assets and liabilities.
Lenders are finally improving their digital capabilities so where possible we will make this process easier through using technology, but we still usually need to ask for some paper (or scanned documents).
We will guide you through the specific document requirements based on the lender's criteria.
Once your application is prepared, we need to work with the lender to have the loan approved - this can take anywhere from 24 hours to a couple of weeks where there are complex circumstances.
If you have significant time pressure, we can usually work to accommodate your requirements and will advise you up front if the timeline is not achievable.
Once approved, settlement (the actual process of providing the money) can take a week or more depending on the lender(s) involved.
To apply for a mortgage, you'll typically need to provide proof of identity, proof of income (payslips, tax returns), bank statements, employment details, and information about your assets and liabilities.
Lenders are finally improving their digital capabilities so where possible we will make this process easier through using technology, but we still usually need to ask for some paper (or scanned documents).
We will guide you through the specific document requirements based on the lender's criteria.
