Are you in need of credit but unsure whether to use a mortgage broker? In this article, we will explain the benefits of working with a broker.
What is a mortgage broker?
The role of the mortgage broker was introduced by law in 2018 and has since gained increasing acceptance among families in Portugal. A mortgage broker is a consultant who helps individuals access credit from financial institutions with which they have a contractual relationship. In practice, when you use a mortgage broker, you are entrusting your goals, dreams, and information to a professional whose purpose is to simplify the entire process.
Clarifying doubts
A mortgage broker is a professional with the qualifications to answer all your questions about the product and the credit process. By understanding the market offerings, they can provide you with up-to-date information and guide you on the best options.
Saving time
By submitting your application to a single entity, you gain access to a wide range of financial institutions. This means you won’t need to send documents, negotiate, or interact with multiple banks. The broker centralizes the information and communication, which allows you to save time.
Saving money
In addition to saving time, by using a specialized consultant, you can save a significant amount of money. This happens because the broker negotiates in volume, understands the offers from different banks, and has access to various branches of the same bank offering credit. Moreover, since the broker’s negotiation is impartial, their bargaining power is much greater, helping you save money on various aspects of a mortgage, such as life insurance, multi-risk insurance, or bank fees.
Personalized support
Lead Kash consultants are dedicated to the client at every stage of the process, ensuring the security of your information and the highest levels of service. You will have a dedicated consultant to answer all your questions, provide comfort during the different stages of the process, and ensure that you do not make hasty decisions.
You don’t pay anything!
All these benefits are valuable but come at no cost to you. In practice, the costs of the service are covered by the banks the mortgage broker works with. Don’t worry, this payment does not result in you paying more for your loan. In fact, it is typically the opposite, as brokers aim to achieve savings for their clients.
As you can see, using a mortgage broker like Lead Kash allows you to secure better deals, save time and money, all without any added cost. We suggest that you fill out the form below and contact us so we can work together to help you get the best mortgage loan.
