Frequently asked questions

How Much Does A Mortgage Broker Cost Me?


Nothing. We are paid via a commission from the bank which is of no extra cost to you. We have access to all the same products as your bank, with all the same interest rates, fees, etc. The only difference between a broker and your bank is that we have an array of products to choose from, so we can pick a loan that suits you and your circumstances.




Should I refinance?


There are a number of reasons to refinance, and while interest rate is major one, you need to consider the fees, loan features, when you intend on selling the property, etc. First step though is to call your existing lender and tell them you are considering refinancing and ask them what interest rate they will offer to keep you. If you are not happy with this, have a chat with our brokers who can give you a clear idea as to whether you should or should not refinance and help you find a great new loan for you.




What Sort Of Financial Advice Do You Need?


The advice you seek can be holistic (which takes into account your full financial situation, needs and goals) or scaled (where you only seek advice for particular purposes). Scaled advice is means that you could see a financial planner for a particular purpose that is most relevant to you at any point in time – without the need to go through a holistic process that takes your full financial situation into account. While scaled advice can make financial planning more affordable, it’s important to not lose sight of the bigger picture. This is where a professional financial planner can help you to take a step back and review your total financial situation.




Do you need Financial Planning?


If you could achieve your financial goals by simply putting money away in the bank, you wouldn’t need a financial plan. Unfortunately, life is a little more complex – it’s hard to understand the intricacies of investment, taxation and ever-changing regulations, so you need professional help. Yet many of us resist seeking advice, as if our financial future weren’t just as important as our health or our children’s education. We often decide to manage our financial affairs ourselves, or leave it to someone we know, perhaps an accountant or a solicitor, which is a bit like buying vegetables at the butchers. Financial planning is a specialist profession and you should make sure that you’re getting advice from a properly qualified person. A financial planner will help you reach your goals; even if retirement may seem a lifetime away, the sooner you start planning the more likelihood you’ll have to achieve financial independence and peace of mind.





Phone - 07 4632 1300
​​100 Margaret St, East Toowoomba QLD 4350
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Mortgage Broking Services are provided under authority of AFG ACN 066 385 822

Australian Credit Licence 389087  |   Searle Financial Services ABN 83 746 539 452