What to expect at your first meeting with a Correct Finance specialist

The first steps of buying a property, a business or commercial equipment is often securing the finance, and the ‘make or break’ nature of that can make the first meeting with your broker a daunting prospect.

Your first meeting with Tim or Andrew an opportunity to really get cracking on making your dreams reality. He or she has the expertise to help you do this, but you will need to pitch in as well, of course. It’s important to do your homework before that first meeting.

Know the questions you want to ask and have a clear picture of what you’re after – is it a home loan, refinancing a loan or setting up a self-managed super fund for the purposes of buying a property?

Your finance broker will also need you to have your documentation prepared as much as possible. This includes having two pay slips ready or, if you’re self-employed, having two tax returns at hand.

You will also need evidence of any other income and assets such as shares, dividend income and other investment. If you go into that first meeting with all the information prepared, it makes it much easier for you and your finance specialist.

You should expect your finance broker to ask a range of questions about your current and future lifestyle and financial situation, so they can take into account factors such as whether you are planning to start a family.

Tim or Andrew will try to understand who you are and what you are looking to achieve, to help you meet your goals.

The range of products we have access to, as opposed to a bank that will only offer its own products, combined with the financial expertise and negotiation skills make finding the right product to suit your circumstances probable.

Working with a finance broker gives you access to literally hundreds of different financial products from scores of different financial institutions. This differs from approaching a bank, which will only be able to make recommendations about its own financial products.

Finance Brokers have a huge choice of financial products available to recommend, which means they are able to suggest the right product for a client’s individual needs.

All Correct Finance specialists are MFAA-accredited finance brokers - the mortgage industry and mortgage product experts, and will work with you to find out which loan and lender will best suit your needs