We have over 1000 products available in our Mortgage Software Program. With the multitude of products on the market it can be an enormous task sorting through all the loans in the market place. Can you ever be completly sure you have the right deal.

We have the ability to compare loans apples to apples across over 1000 products.

Most of the loans we offer are the same loans you have access to. With the same interest rate, costs and fees. The benefits of a broker are in that we compare and offer the most competitive loan products for your needs on any given day. There are many boutique lender that offer unique and highly competitive products which we offer access to.

A small change in a mortgage can provide great savings, and also enormous cost.

A Mortgage Broker gets paid directly from the bank.

Commissions are calculated as a percentage of the overall loan settled by a lender. There is also an ongoing commission which is calculated as a percentage of the outstading balance from the loan. The client doesn’t pay for the services of a Mortgage Broker. The Bank pays the Mortgage Broker a commission for bringing them business.

Banks pay an upfront commission and a sometimes a trailing commission. Loan Saver Network uses trailing commissions to assist us in maintaining you as a client and to support you in your loan structuring requirements.

Loan Saver Network completes a Needs Analysis to identify the loans and structure to best suit your requirements. We abide by Transparency in Lending so you are confident with the products you choose.

Quite often in these and other Blogs i am asked what is the role of a Mortgage Broker and how do i find the right one?

Firstly the role of a Mortgage broker is to act as an intermediary between yourself and the lender, and to provide loan options, ancillary products and recommendations to clients. Including:

• Bringing together strategies and products to match the clients present situation (needs, goals, and objectives).
• Consider all potential options in order to attain the client’s future goals.
• Disclosure of fees/commissions is integral to establishing your role as a broker or as a brokers representative and the capacity in which you act as a representative. Ie how a broker is paid and the loan fees assoc.
• Educated the client on the capacity of a broker and the roles of broker and client.