You may be considering borrowing money. Additionally you may be dreading all the phone calls and visits to banks to shop for the loan the meets your needs. And when you find the cheapest loan, it could be actually detrimental to your overall financial structure. Then even if you got a loan, it's time to look for an alternative again. Or what's worse if after you got a hefty debt you suffered a sickness or an accident and can't afford to make repayments. What then? Heard of 'mortgage insurance' that you pay lots of money for? That's not to protect you - that is what the banks charge to insure themselves from you going broke, only they get you to pay for it. And guess what? You would still have to repay your loan, even if it takes a lifetime.
That is where iMoney Wealth Management can help you out as a financial adviser who will protect your debt plus a go-between the borrower and the lender. Not only will mortgage brokers do the running around as well as giving you advice through the application and settlement process, they also offer the experience of having done this daily. iMoney Wealth Management usually does not charge for getting you a right loan. Brokers are paid a commission from the lending institution when the mortgage is settled. We don't. If we get any commission, we pass this back to a client.
Most likely you would rather be doing something else with your time than shopping around for loans. Instead you can allow a mortgage broker to do the running around while you are spending time with your family or are on the golf course. A mortgage broker will help you to gather the information from lenders and then offer your advice on what loan best meets your individual needs.
Checking out the different lending policies and rates of banks, credit unions and financial institutions may not leave you with the desired result. You may not actually get any closer to securing the loan you want. The problem that you will face is that if you are not familiar with lending products you may do all the work and wind up without getting a loan at all. Often it pays to work smart rather than work hard. Hiring a mortgage broker from iMoney Wealth Management is the smart choice.