Many builders and homebuyers still prefer to close their real estate financing directly with the banks. This is not very surprising, because why should one go the detour via a financial intermediary, if one can finance also directly over the bank?
It makes more sense to go through intermediaries
Accordingly, many people use the Internet to search for cheap mortgage rates, and then directly contact the banks. But this approach is not that clever at all. In fact, it makes more sense to go through intermediaries. Below we explain why this is so.
First of all, there is the fact that the mortgage lending market is very large. Most aspiring property owners underestimate the number of providers. The number of direct banks alone is much larger than generally assumed. In addition, there are a few regional banks whose loans are accessible via mortgage brokers. As a result, going to the mortgage broker is more likely to find the ideal loan.
We can choose from a large number of financing solutions
Also, the aspect of independent advice must not be forgotten. Many bankers are not just thinking about the customer. Nowadays, the focus is primarily on the sales specifications: In some banks, the customer does not get what suits him, but what the consultant has to sell right now. For a financial intermediary like us, this is different: we can choose from a large number of financing solutions – which specific provider we recommend at the end is up to us. Accordingly, interested parties receive independent and neutral advice.
Ultimately means that customers enjoy even more attractive interest rates
In addition, the loan terms for the loan conclusion talk about a financial intermediary. Good intermediaries have access to preferential terms at some direct and regional banks, which ultimately means that customers enjoy even more attractive interest rates. If banks were to ask directly, these interest rates would not be accessible at all.