Why is this product and bank most suitable for me?
You need to clearly understand why the proposed product is suitable for you and your situation.
Will you keep me updated as better offers become available?
Do they have a personal way of keeping you updated when new specials become available? Do they outline how these specials will benefit you?
Do other banks have more competitive offers?
If you deal directly with a bank, they won’t advise you if other lenders have more competitive products at the time of application or in the future. This leaves you in a potentially compromised position, not being able to adequately judge your true options.
How many lenders do you have on your panel?
A large panel of lenders will give you a larger selection of products and interest rates.
Do you have an Australian Credit Licence or are you a credit representative?
People who directly hold an Australian Credit Licence have had to take part in a tough licencing and compliance process through ASIC.
Are you an approved MFAA or FBAA broker or credit provider?
All brokers are required to be a member of one of these industry bodies and participate in continuous professional development across all lenders.
Are you available after hours and weekends?
A broker dedicated to their clients should be available to take your calls when required.
Will you help me complete and apply for all available grants and rebates?
The entire process should be made simple and taken care of.
Do you automatically perform annual loan reviews?
Your future reviews should happen on consistent basis to make sure you always have the most competitive product and interest rate.
How will your service add value to me?
There should be immediate and long term value of the service provided by any bank or broker.
Contact me to get my answers to the questions above.
