What does a finance broker actually do?

Thursday 15 April, 2021

Since we’ve recently gained a few new followers, we thought now was as good as time as any to introduce (or reintroduce) ourselves.

Hi there. We’re Finance Brokers Tasmania.

We are a locally owned finance broking company which has been operating in Tasmania for over 35 years. In these 35 years, we’ve seen many shifts in the industry and have been asked literally millions of questions. The most common question… What does a finance broker ACTUALLY do? Don’t worry – we can answer that.

Essentially, finance brokers act as the intermediary between you and your financial institution. We provide you with suitable options to consider and save you the leg work when it comes to securing the right loan for you. Not only that, we also offer ongoing support throughout the life of your loan/s and review your situation every 18-36 months, that way we can ensure you still have the great deal we helped you achieve in the first place.

By consulting a broker, you’re also saving your credit rating – which is incredibly important when applying for loans! How, you ask? Every time you enquire and apply for loans yourself, your credit score is affected. By getting us to sort your loan, you get access to a range of options without negatively impacting your credit rating.

What many people don’t realise about the Finance Brokers Tasmania service is that we don’t just help you secure home loans, we cover all types of loans (we really do like to keep ourselves busy). Whether you’re after a car loan, personal loan, commercial loan or a home loan, we can do all the hard yards for you. So, if you’re looking to buy a home, car, a business – or something else altogether – essentially, we’re your one stop shop!

Our staff pride themselves on offering face-to-face, personalised service, as well as on our strong relationships – not just with our clients, but also with our lenders. It’s important for us to really get to know you and your circumstances, so we can secure you a deal that suits your needs and allows for a balanced and happy lifestyle.

So, in summary, sit back, relax and let us do all the hard work for you.

You might also like...

Finance Brokers Tasmania selling a house Hobart

Preparing for Interest Rate Hikes!

When you consider a ‘hike’, what is the first thing that springs to mind? A walk through the bush or a sharp rise? The RBA lifted the official cash rate by 25 points to .35 percent last week – the first rise in 11 years. While we understand that a rate rise is never a good thing, interest rates are still at historic lows and we wonder if the use of the word ‘hike’ is a necessary one!

Read more...
Finance Brokers Tasmania Lance Cure Gary Casboult

What is a SMSF?

Self-managed super funds (SMSF) are a different way of saving for retirement. A SMSF gives flexibility and control over where your retirement funds are invested, including the opportunity to invest in residential and commercial property.

Read more...
Finance Brokers Tasmania - fixed interest rates

Government Grants - A budget Update 2022/23

If you missed the 2022-23 budget announcements this week, you may have missed the incentives announced for home buyers. While most are not new, the government have increased the number of spaces available for eligible home buyers through their Home Guarantee Scheme.

Read more...
FBT Hobart Bec and Dini

Do you need pre-approval?

We are often asked if you need pre-approval before looking for your dream home. Pre-approval is not essential but it is one way to ensure you don't miss out!

Read more...