Bond Originators South Africa

It is no secret that a professional bond originator can get you a better deal, than dealing directly with lenders. The demand for a bond origination service has increased over the past few years, with more and more people utilising such a service. In order to receive prime less rates, the utilisation of bond originators have become a vital part in securing a confident choice of mortgage products.

Bond Originators or Mortgage Brokers acts as an intermediary who sources mortgage bonds on behalf of individuals or businesses. These services are absolutely free to clients. Traditionally, banks and other lending institutions have distributed their own products. However as markets for mortgages have become more competitive, the role of bond originators has become more popular.

In competitive mortgage bond markets many lenders use an array of rate offers and other incentives to attract customers. To many consumers, due to their infrequent purchases of home loan products, the mortgage market may appear confusing and somewhat daunting.

Bond originators can guide clients through the process of selecting a suitable home loan and offer mortgage and property related financial advice. For borrowers with poor credit records, or other unusual circumstances, finding a lender may be difficult.

Bond originators, having specialised knowledge and multiple lending sources, will normally be a valuable resource in obtaining financing. Bond originators receive a fee from the banks and not their clients. The sheer volume of business provided by bond originators to the banks, gives the originator negotiating power to muscle low home loan rates for their clients. Usually the bond loan process is much quicker when using bond originators. You should be weary if a bond originator asks you for fees or charges clients in anyway for their services.