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FAQ

Frequently Asked Questions

  • What is a Mortgage Broker?
    A Mortgage Broker is a licensed professional who acts as an intermediary between borrowers and lenders. They help borrowers secure home loans by evaluating their financial situation, finding suitable loan options, and assisting them with the application process. Mortgage Brokers are licensed and regulated financial professionals.
  • Why use a mortgage broker?
    Using a mortgage broker can provide you with several benefits when it comes to securing the right home loan for your needs. Here are just a few reasons why you might consider working with a mortgage broker like Meridiem Lending: 1. Expertise: Mortgage brokers are experts in the home loan industry and can provide you with advice and guidance on the best loan options for your specific circumstances. 2. Access to lenders: Mortgage brokers have access to a wide range of lenders, including big banks, smaller lenders, and specialist lenders, which means they can help you find the best loan for your needs. 3. Time-saving: A mortgage broker can help you save time by doing the legwork for you, including researching loan options, completing paperwork, and negotiating with lenders. 4. Cost-saving: By using a mortgage broker, you may be able to save money on your home loan by accessing exclusive deals and negotiating better interest rates. At Meridiem Lending, our team of experienced mortgage brokers has helped thousands of Australians find the right home loan for their needs. If you're looking for expert advice and guidance on your home loan, get in touch with us today.
  • Does Meridiem Lending charge fees?
    We do not charge our clients a fee for service. We are paid a commission by your selected lender for introducing you as a customer. We will provide you with clear and transparent information regarding our remuneration arrangements both generally when you first enquire, and then specially for the lender you choose. At all times our advice is based on what is best for our customers, not any financial arrangements we have with the lenders. We are subject to strict regulations to ensure we act in our clients best interests and our business relies on reviews and referrals we receive from those of you who use our service. Looking after our customers is our number one priority.
  • Does a Broker just help me get to settlement or do they provide an ongoing service?
    Meridiem Lending will not only help you find the right lender and product and settle your loan. We will provide ongoing service throughout the life of the loan. We receive a trailing commission from lenders which means there is no charge for the ongoing service. We want to ensure that your home loan is suitable for you now and in the future. We can assist you with any questions that arise or any changes you might like to make to your loan, such as an increase to fund redecorations to your property or switch in products. We will touch base with you each year and at important milestones during your loan to check if you still have the best deal, to negotiate a better rate with your current lender, or to assist you with any new finance needs you might have.
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Locations

17 Bong Bong Street, Kiama, NSW

31 Kinghorne Street, Nowra, NSW

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DISCLAIMER: Your complete financial situation will need to be assessed before acceptance of any proposal or product.

Meridiem Lending is a trading entity for credit representative numbers 551457 and 551500, authorised under Australian Credit License 389328.

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