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What is a bond originator, and why you should use one?

What is a bond originator, and why you should use one?

From independent advice to better interest rates, using a bond originator as your personal home-loan consultant comes with some major perks.

  • A bond originator acts as an intermediary between the home loan applicant and the banks, assisting the applicant in compiling one set of paperwork, then submitting it to all the major banks on their behalf.
  • Bond originators compare offers from up to eight banks in order to get the home buyer the best deal on their bond.
  • Bond originators are paid a commission by the bank, so their service is free to the home loan applicant.

Click on the link to view the full article: https://www.ooba.co.za/resources/bond-originator/

 

Credit: ooba