Do I have to pay BDM Mortgages a fee?
Our service is considered complimentary as BDM Mortgages are paid by the lenders for bringing the clients to them. As with any loan or property fees, our Finance Consultants go to great lengths to ensure that you have a full understanding of the costs of borrowing funds and wherever possible try to reduce those costs. This ensures that you not only get great service but also direct savings to you!

What is a Finance Consultant or Mortgage broker?
Mortgage brokers are consumer advocates in the home loan selection process, helping homebuyers to pre-qualify, select a home loan and complete the required mortgage documents. They follow your new home purchase, investment or refinance through to settlement providing a smooth and convenient transaction. By linking with Banks, other Financial Institutions and Private Lenders, Mortgage Brokers offer consumers access to a wide range of home loan choices, which enables you to make the right mortgage selection for your needs.

Why don’t I just go to the Bank myself?
With our help and expertise in many financial fields, we will ensure your Loan Structure is the most effective for you, plus we will negotiate a very competitive mortgage rate from the selected bank, relative to the market, where in comparison an individual Bank is restricted to their own products and internal policies.

How do I apply for a loan?
We will complete all the mortgage applications for you to ensure your home loan application is presented and compiled to enable the optimum chance of approval from the selected lender. Our specialised mortgage broking software compares all mortgage products (rates, fees, hidden costs and market specials), so we can provide you with the best value home/investment loan for your situation.

What is a Pre-Approval?
A pre-approval gives you an indication of the maximum amount you can borrow. By getting your pre-approval you have the power to negotiate with confidence.