“Our line of Credit facilities can be utilised to save small business un-necessary interest charges but they need to be understood and managed correctly for best results” said Bev Wilson, spokesperson for Mortgagesformoney.com.au at the Information on Finance Products session delivered to attendees from the Broker Distribution Channel. At the session the focus was on training Brokers to educate borrowers rather than simply sell a product.

Mortgages for Money is an accredited finance business with a unique model that offers local time operating hours for borrowers to communicate with greater convenience. Licensed Finance Brokers introduce borrowers to Mortgages for Money via the Broker Division of Finance & Equity Loans because their products provide loan solutions to a broad range of borrowers who simply want a solution to their borrowing needs.

Being a mono-lender gives borrowers clarity of their loan product and gives the Licensed Finance Broker options to add value to their clients by fully explaining the benefits of understanding their loan product. It also allows the borrower the opportunity to be personally assessed in light of their particular circumstances instead of being bundled into a loan product sourced by a computer programme.

Mortgages for Money will be offering education on understanding loan types and basic financial terms on a regular basis and these will be open to all consumers in response to a growing number of enquiries from the general community who would like to know more about loan product differences.