A mortgage broker acts as an intermediary between borrowers and lenders, helping clients navigate the loan market by recommending suitable mortgage options and facilitating the application process. Empower Lending is your representative, conducting thorough research on loan options, meticulously preparing your application, submitting it and negotiating with lenders on your behalf to secure approval.

Generally, using a mortgage broker is at no cost to the borrowers, as brokers are compensated by the lender once the loan is settled.

Home loan approval can vary but generally takes a few days to even a few weeks depending on the lender and the completeness of your application. The process involves assessing your financial situation and creditworthiness to determine the amount you can borrow.

A mortgage broker will assist you in ensuring that you are well-prepared for a prompt approval of your loan or pre-approval application. Additionally, it is essential to communicate any changes to your employment, debt, or savings circumstances to your broker prior to the finalisation of your loan.

Working with a mortgage broker offers several advantages, including access to a wide range of loan options from various lenders, expert advice tailored to your financial situation, assistance in navigating complex paperwork and negotiations with lenders.

Qualifying for a home loan depends on various factors such as your income, credit history, employment status, and debt-to-income ratio. A mortgage broker can assess your eligibility and recommend suitable loan options.

Not necessarily. Empower Lending evaluates multiple lenders, including major banks and smaller financial institutions, to find a loan that best suits your needs.

Empower Lending offers mortgage broking services and does not provide financial advice. If you require assistance in this area, we can connect you with a trusted provider.

There is no universal "best" loan. The ideal loan depends on your needs and goals, not just the interest rate. We will assist you in exploring your options and evaluating loan terms and conditions that align with your specific needs and goals.

While we cannot guarantee specific outcomes, we assure you that our thorough research and deep understanding of lending products and policies mean we only proceed with a loan application when we are confident of a favourable outcome for our clients.

It's advisable to review your mortgage periodically, especially when interest rates change, or your financial situation evolves. Your broker can help assess whether refinancing or other adjustments are beneficial. At Empower Lending, once you have secured a loan, we will keep in touch and conduct a regular review to make sure you are still paying a competitive rate.