The advantages of using a Mortgage Broker as a First Time Buyer

With so many websites allowing us to input our financial information and instantly get a mortgage quote, it may seem that the role of the mortgage broker is redundant. Surely we can find all the mortgage advice we need online and then apply for a mortgage directly with a lending institution? However, if you’ve just started researching mortgages as a first-time buyer, we're willing to bet your head is already spinning. When applying for that first-ever mortgage, the bombardment of new terminology, financial jargon and the staggering amount of mortgage options available can be overwhelming at best and terrifying at worst. After all the mortgage options you select will have a direct impact on your finances for years to come.
At its heart, the role of a mortgage broker or a mortgage advisor is to get the right mortgage for their client’s unique circumstances.
As financial institutions increasingly raise the bar of requirements for mortgages, it makes sense to have an expert mortgage broker on your side. For years, Nestegg Wealth Brokers Limited have been helping client’s get the best mortgage quotes for their unique needs and requirements. In today’s blog, we want to discuss the advantages of hiring a mortgage broker as a first-time buyer.

Independent Mortgage Advice

If you have already begun researching mortgages online, you have likely been bombarded with advertisements. With so much information out there it can be hard to cut through the noise to get real, independent mortgage advice. And independent mortgage advice is exactly what a mortgage broker provides.

Fully Customised Mortgage Advise

All the blogs, websites and pamphlets in the world will only ever give you an overview of what kind of mortgage and mortgage rate is right for you. However, only a mortgage broker will be able to take your information and offer fully customised advice that directly relates to your application.

Assistance with the paperwork

There is no getting away from it. Why you’re applying for a mortgage, you’re going to be filling out a lot of paperwork. An Irish mortgage broker can assist with this paperwork saving you time and frustration.

Support throughout the Process

Applying for a mortgage can be frustrating and it can sometimes feel never-ending. That’s why having a mortgage advisor overseeing your application can help support you throughout every phase of the application process. With Nest Egg Wealth Brokers, we’ll be available to answer any questions you may have and explain every aspect of the application process in plain straightforward English.

For additional information on the advantages of hiring a mortgage advisor, please review our Mortgage broker page or get in contact with our Dublin mortgage brokers office today.