Remember that classic TV ad: ‘nine out of 10 dentists recommend using [toothpaste brand]?’ Well, it turns out we’ve earned a similar level of trust when it comes to helping first home buyers sink their teeth into the property market.
That’s because nine out of 10 first home buyers (FHBs) recently said they trust a mortgage broker to help them buy their first property.
And, unlike dentists, we’re actually allowed to show our faces!
So why do so many first home buyers trust mortgage brokers?
The Genworth First Home Buyer Report 2021 surveyed 2,077 prospective FHBs, and 1,008 recent FHBs – and we’re pretty chuffed with the results.
Here’s what one respondent said:
“Go and see a professional broker in-person early on in the process. That way they know your situation and are able to best guide you through and help you out,” the 32-year-old recent FHB from WA said.
And he wasn’t alone.
Almost nine in 10 FHBs believe mortgage brokers help cut through the complexity in the home buying process.
The report also found a similar proportion of FHBs believe mortgage brokers provide reliable, trusted advice and information.
And finally, close to 90% of respondents said mortgage brokers provide valuable support during the home buyi