Listen "Why Not All Mortgage Brokers Are the Same"
Episode Synopsis
Not all mortgage brokers are the same. Factors such as knowledge, experience, work ethic, transparency, and client-focused service vary among professionals in this industry. In this episode, our host Moxin "Moss" Reza welcomes Rob Moses who brings a wealth of knowledge and experience to the table.Mortgage brokers are compensated by the banks for the loans they provide, with larger loans resulting in higher commissions. Transparency about payment structure is important. Education qualifications in the industry may vary, so working with a broker who has prior experience in banking or a strong financial background is advisable. Specialization and expertise are crucial, especially when dealing with complex loan scenarios.This episode highlights the importance of carefully choosing a mortgage broker and explores the factors that differentiate them.Join Moss and Rob as they explore the world of mortgage brokers, discussing their payment structure, industry challenges, and the importance of selecting the right broker to manage your finances. Tune in now for valuable insights to help you make informed decisions. Episode Highlights:00:00 Welcome to Helpmebuy Property Podcast01:45 How Mortgage Brokers Are Paid Directly by the Banks03:49 Why There’s a Flood of Mortgage Brokers Coming Through06:29 Mentorships and Mentorship Programs09:12 The Difference Between a Real Estate Agent and a Mortgage Broker14:01 Understanding Different Policies With Different Banks17:06 Why Rework Creates a Lot of Stress19:34 The Importance of Understanding Different Insurance Policies22:34 Why Not Every Mortgage Broker Has Access to Every Product25:38 How to Find the Right Mortgage Broker Resources:Visit the Investor Partner Group website: https://helpmebuy.com.au/Join us on our FREE Facebook Group: https://www.facebook.com/groups/helpmebuyau About the Guest:Robert Moses is a seasoned finance professional with a wealth of experience. As the Director of RFinance, he specializes in strategic financing. Previously, he was a Relationship Manager at Kearney Group and a Private Lending Manager at Perry Finance. With his expertise in mortgage broking and lending solutions, Robert is dedicated to helping clients unlock their borrowing capacity and achieve their financial goals.Connect to Robert Moses at linkedin.com/in/robertjohnmoses You can also connect with us on https://www.linkedin.com/company/77080688. For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@moxinreza. Keep smiling, be kind, and continue investing. Peace out!See omnystudio.com/listener for privacy information.See omnystudio.com/listener for privacy information. Hosted on Acast. See acast.com/privacy for more information.
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