There has been a noticeable increase in people's intentions to use a mortgage broker for expert assistance on finding a home that best suits their needs. A mortgage broker essentially offers a range of products from a select group of lenders and has a reputation for providing personalised assistance.
However, it's not always easy to find a good quality broker. That's when homebuyers need to ensure they're dealing with a qualified professional who has been approved and accredited by the Mortgage Industry Association of Australia (MIAA).
This article explains the role of MIAA and provides comprehensive information on:
· How to find an accredited MIAA member,
· MIAA's discliplinary process,
· the accreditation requirements for MIAA members,
· MIAA's criteria, and
· its core activities.
It can be confusing to know whether to get a variable rate or fixed rate mortgage, and what features are important. That's why it's important to not only check the right rates, but make sure that you're getting the right features in your home loan. Get help choosing the right home loan