First meeting with Rockstar Finance

If you’re looking for a home loan but are inexperienced with finance brokers, attending your first appointment with a Rockstar Finance can be a nervous experience. Getting a home loan, after all, can be quite complex for a first-timer. There are lots of brokers around and there is a lot to learn. But there are many steps you can take to be confident that your appointment will be a success.

A good starting point is to familiarise yourself with the expectations of the first appointment between brokers and yourself. Rockstar Finance are likely to ask you about your medium and long-term financial goals, the amount you want to borrow, comparisons of your home loan options and your understanding of the fees, costs and conditions attached to home loans. Knowing the direction the appointment will likely take lets you participate more actively in the conversation. This means you can better articulate your needs to Rockstar Finance.

It’s also recommended that you give some consideration before the meeting to the types of questions you wish to ask us. Questions that can be of use include such things as:

· Loan types

· Repayment options

· Interest Rate types

· The types of fees attached to various loans (such as early exit, late payment, break and redraw fees)

· The time-frame for loan settlement

These questions might pop into your head spontaneously during the meeting but preparing them in advance is a good way to refine them. By doing so, you are in a position to get more specific information from Rockstar Finance.

It is common practice, too, for Rockstar Finance to conduct a needs assessment prior to our face-to-face appointment – so you may be asked some pre-appointment questions. To assist in answering these, you’ll need to supply information about your employment history, assets and expenses.

At the appointment it will save you time and effort to prepare and then bring the required documentation with you. This can include ID, transaction histories, tax returns, rental income statements and borrowing documents such as “contract of sale” and proof that you have the deposit for a property such as a bank account statement. It’s mandatory for Rockstar Finance to maintain the confidentiality of information that you provide to us and only pass on information necessary to enable us to lodge your loan application or where required by law.

The other preparation you can make to maximise the success of your appointment is to research your broker. Rockstar Finance provides content on our web page and social media which gives our future clients a good indication of our knowledge and expertise. Finally, you should investigate their qualifications. Although brokers are only required to obtain Certificate IV qualifications, it could be argued that the better brokers hold Diploma qualifications. For your peace-of-mind, Anthony De Filippis at Rockstar Finance holds a Bachelor’s Degree in Business and Commerce, with a specialisation in Accounting, Finance and Commercial Law; and, in addition, holds a Diploma in Finance and Mortgage Broking Management.

Brokers can also be accredited, with accredited brokers held to higher standards and it is always recommended you take the appropriate steps in verifying they are accredited. Anthony De Filippis at Rockstar Finance is a Full Member of the MFAA (Mortgage and Finance Association of Australia), so you can approach our meeting knowing your broker is appropriately educated, adheres to a strict and professional code of practice and is authorised to access a large range of products offered by a variety of lenders.