Greater Springfield Business Connect
In this episode of the GSBC Podcast, Matt sits down with Steve Foulis from MoneyQuest to unpack what a mortgage broker actually does and why it often makes a whole lot more sense than walking straight into a bank. Steve breaks down the broker advantage in plain language: access to 30-plus lenders, a legal obligation to act in the client's best interests, and the ability to match borrowers to the right product first time without damaging their credit file. He also shares what he's seeing in the local lending market right now. We hear some of the biggest mistakes people make when trying to sort their finances alone including the ones that quietly tank a loan application and how Steve and the MoneyQuest team help clients cut through the noise of RBA decisions, budget announcements and shifting lender policy to make smart decisions for their own situation. Disclaimer: The content in this podcast/video is provided for general information and educational purposes only and does not constitute personal financial or credit advice. It has been prepared without taking into account your individual objectives, financial situation or needs. You should consider the appropriateness of this information in light of your own circumstances before acting on it. We recommend that you seek independent financial, legal and/or taxation advice before making any decisions. Any examples, scenarios or strategies discussed are illustrative only and may not be suitable for you. Loan approvals are subject to lender credit assessment criteria, and fees, charges and terms will apply. If specific loan products or lenders are mentioned, you should obtain and consider the relevant Product Disclosure Statement or credit documentation before making a decision. Money Quest Park Ridge is a credit representative of an Australian Credit Licence (ACL 487823).
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