Meeting with your mortgage broker is an important part of your journey towards buying or refinancing a property. At The Newstead Group, you will commonly meet with your broker via video conferencing, over the phone, or in office. To get the most out of your consultation, it is important to approach the meeting with purpose.

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Do I Need to Bring Anything to The Meeting?

While you aren’t required to bring documents to your initial meeting, we would recommend that you come with a clear goal in mind, even if sometimes that goal might change throughout the consultation. Think about what you want to achieve, are you looking to buy your first home? Refinance an existing mortgage? Along with understanding your overall goal, it is helpful to consider your must-haves and nice-to-haves prior to your appointment. It's your brokers job to understand your needs and requirements, and present to you some basic ideas of a solution, filtering through the information received and building a construct to meet your goals.

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What to Expect During Your First Broker Consultation?

As a general construct, you should expect to run through:

·       Navigating your way to purchase, or refinance your property.

·       Government incentives and schemes available.

·       Loan products, features and strategies.

·       Borrowing capacity.

·       The process forward.

You should leave the appointment with all of your answers covered and a general idea of a strategy moving forward.

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What Happens Next?

At The Newstead Group, our goal is to ensure that after every consultation, you leave feeling well-informed and confident about the next steps towards purchasing or refinancing your property. Following your initial consultation, you will have a clearer direction for achieving your financial goals. The next phase involves your broker requesting financial documentation, such as proof of income, bank statements, details of any existing debts, and identification. These documents are essential in order to proceed to the next steps of the loan application process.  

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