At some point in their lives, many people decide that it is time to buy a house instead of keeping on paying rent. Buying a home is very exciting, but also a tie consuming affair. Applying for a bond at the bank can for instance take up countless hours, as you will be required to visit all banks in order to get the policy that perfectly meets your requirements and needs.
And unless you do not support your application correctly, your home loan application can be declined or you end up with a less-favourable rate. Many homeowners are successfully managing to prevent this from happening while also saving time and money. How? They have found solace in the services of qualified bond originators.
A bond originator or bond broker basically presents your bond application to all banks. They are usually not paid per hour or day of work, but are getting a commission for every successful bond application.
You do not have to go to the bank for a home loan. SA Home Loans, for instance, also finances mortgages. It is good to realize that SA home loans are not a mortgage originator that sells bank products. The same counts for Ooba, previously known as Mortgage SA, Bond Choice and Better Bond.