Mortgage advice – Should you get a mortgage adviser?

Getting a mortgage is one of the biggest financial decisions you’ll make, so it’s important to get it right.

How to choose a mortgage?
The mortgage market is incredibly competitive and it can be hard to understand what exactly is on offer.
There are many different providers and a wide range of products and rates available.
So it’s a good idea to talk to someone, before making up your mind.

Lenders (usually banks) must offer advice when they recommend a mortgage for you.

They’ll assess the level of mortgage repayments you can afford, by looking at your income as well as your debt repayments and day-to-day spending.

This means you should end up with a mortgage that suits your needs.

Although lenders and brokers must offer advice in almost all cases, you might be able choose to reject the advice and find your own mortgage deal based on your own research.

Risks of not getting advice

Not taking any advice means you have to take full responsibility for your mortgage decision.

If you don’t take advice, you could end up:

With the wrong mortgage for your situation, which would be a costly mistake in the long run.
Being rejected by your chosen lender, because you didn’t understand the restrictions clearly or what circumstances the mortgage was designed for.

ZonaCredit assists with applying for the following types of mortgage loans:

  • Housing loans for purchase;
  • Repair;
  • Refinancing.

Our consultants will safe your time by performing some of the steps on your behalf.

We offer consulting and assistance in the restructuring and renegotiation of existing loans in case you are having difficulty in paying your debts or simply reduce your monthly installment.


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