Buying a home is an expensive affair, and most people cannot avoid taking out a home loan to finance the purchase. If your finances are healthy, they can easily support a large home loan without you and your family having to live on a shoestring. However, this requires that you get a home loan suited to your financial capacity.
Get independent financial advice when buying a house – choose Bomae as your financial adviser
The bank does not necessarily look after your interests. Many people choose to go to their bank for personal financial advice when they want to buy a home. But a bank is a business that lives off interest and fees. That's why you can't be certain that your bank adviser is necessarily looking after your interests, even when you're facing as big a purchase as a house or flat.
The bank adviser wavers between being a salesperson and an adviser, which means you risk leaving the meeting with a loan that favours the bank — not you. This isn't done in bad faith, but an adviser at a given bank can only offer you the products that bank carries, which means you don't get a full picture of all your options.
What is independent financial advice?
Instead of going to the bank and getting "free" advice that, in the end, isn't really free after all, you can instead choose to go to a financial adviser. Here you get an adviser who does not earn commission for selling you financial products. You can therefore trust with confidence that the adviser is solely looking after your interests, so you get the best possible solution.
A financial adviser usually works for a fee or an hourly rate, but the cost is outweighed by the substantial financial savings the adviser can secure for you.
Choose Bomae for independent financial advice
At Bomae, we offer financial advice at a fixed price, either as a standalone service or as part of our buyer advisory service. The advantage of choosing us is that you get your very own financial adviser — there's only one person you need to deal with.
As your financial adviser, we make sure you only pay what you should pay. We obtain offers from various banks and advise you on how they would affect your finances. This gives you an overview of the different loans and their pros and cons, so you can choose the one that best suits your finances and your needs. We will also look at your future situation, which can also have an impact on the loan.
Get help throughout the entire home-buying process with Bomae
In addition, our financial adviser helps prepare a loan approval (lånebevis) for the home purchase. You can read more about the loan approval here. Our advisers can also advise you on whether you should rate-lock (kurssikre) your home loan, or if you're considering restructuring your existing loan. Whatever the case, at Bomae we will make home financing easy to understand for you.
At Bomae, we can be with you throughout the entire home-buying process, from price negotiation with the estate agent to the review of the home together with a building surveyor.
Our advisory services naturally operate with approval from the Danish Financial Supervisory Authority (Finanstilsynet).
Fill in the contact form so we can talk about how we can help you with buying and financing your home.
