Bond Originators

The term bond originators has more than likely appeared time and time again in conjunction with the term mortgage brokers but who they are and what they can do might still be unclear. bond originators act as personal consultants when it comes to getting loans. Their job is to keep you advised during each stage of getting a loan so that you incur interest rates which are the most lucrative. They are responsible for keeping track of each of the deals which enables you as the client to maintain the best deal from the beginning stages of applying for loans all the way to the stages of procuring the loan. Overall, the position of bond originators is to ensure that you feel at ease when applying for and receiving your loan. One of the major roles of bond originators is to ensure that you are met with the most lucrative loan option which also provides the best interest rates. Without a thorough knowledge of the ins and outs of the banking sector, grabbing the right opportunities will not be easy. This is where the bond originators come in to play.

They mentor you instead of just doing the work for you. This means that not only do you get the best the business world has to offer, but that you also learn about the ways of the banking sector at the same time. Mentoring each of their clients, the bond originators alert you when you begin to head off track and direct you where you should be going, but in the end allow you to make the final decision. You are not charged for their work, but rather, they receive a commission from the bank which they recommend. As experts in the banking field, bond originators offering free loan advice puts you in the best possible position and allows you to make the final decision appropriate to your needs. The benefits of using bond originators include the fact that it is free. By ensuring that you get the best deal, you are saved thousands of Rands. Instead of visiting the bank when you want to apply for a home loan, you can get quick results by allowing them to visit the banks for you on a regular basis, also taking care of any follow ups for you.

Having them on your side means they will pressure the banks for you. Their expert advice makes sure that you understand each of the available products and what deals of the products offers. Lastly among the benefits of using bond originators is the lack of paperwork. They handle the paperwork for you making it easy. By securing the finances necessary to purchase a property, they simultaneously submit your application to lenders such as FNB, Standard Bank, ABSA, and NEDBANK. Overall, they are there to cut down the time and the money spent trying to secure home loans. You can receive a quick assessment of your qualifications and which banks are likely to offer you home loans with which to purchase your property.

Please contact us if you require any further information or would like to apply for finance:

Complete this short form online

011.327.4489 / 0861 1111 93

morne@mortgagepluscc.co.za

www.mortgagepluscc.co.za

Banks have differing criteria and product ranges for specific market segments. Logically the first-time home buyer has a vastly-altered profile to the multi-millionaire private bank client seeking out his status-symbol property.

Property is the largest single investment most people undertake and not a decision made more than a handful of times in life. It is therefore a daunting, unnerving experience that, without professional assistance, can cause sleepless nights and cold sweats.

Bond originators work closely with the banks to understand the precise parameters required by the financial institutions, placing them in the position to advise clients on how to accurately present the deal. The essence of mortgage originators is that they can offer clients appropriate advice and choice.

Typically bond origination provides the public with assistance through relatively unchartered territory, while lowering bond costs and stimulating inter-bank competition. Around 60% of South African bond approvals have followed the origination route against an estimated 30% flow in Australia and Canada, reflecting the vital link mortgage origination plays in the home ownership chain.

Mortgage originators have agreements with the four major banks, several of the smaller institutions, private banks and other non-bank lenders. This means those clients fortunate enough to qualify for a loan from more than one institution has the enviable choice of accepting the one offering the best rate and terms.

Bond origination capitalises on the short window of opportunity buyers have in which to secure finance and confirm their purchase. The industry provides unbiased and extensive product knowledge that caters for each client’s specific needs, thus boosting their chances for a successful application while recognising that securing the bond and determining the associated costs is pivotal to the decision-making process.

Banks want to reduce the amount of time wasted on unfeasible loan applications and that is the value bond originators offer to both the financial institutions and the man-in-the-street – having the expertise to weed out those applications that should never be placed before the banks. As home loan specialists offering clients a free service, consumers secure from mortgage originators the best chance of getting a home loan on the best terms with the advantage of one-stop shopping and the convenience of choice.

Established a decade ago in South Africa, bond origination has matured significantly as a professional lifeline for potential home owners and estate agents. Bond origination is the process of matching mortgages that suit specific individual needs.

The key lies in giving clients a choice of banks and thus providing a hassle-free service without incurring additional costs.

CONTACT US

Speak to a home loan consultant about financing your new property or reviewing your existing mortgage. We are able to assist in lowering your bond repayments and securing attorney discounts.

Complete this short form online
Call us on 011.327.4489
Email: morne@mortgagepluscc.co.za

www.mortgagepluscc.co.za