Norwood, South Australia -- (SBWIRE) -- 11/20/2015 -- According to the Australian Bureau of Statistics (ABS), home ownership rates in Australia have fallen significantly in the last five years. Despite the historically-low interest rates available to consumers in 2015, homeownership remains a distant dream for many people - especially those who find it difficult to secure financing for a home. Without help, people will continue to turn to renting in order to meet their housing needs.

It is with these statistics in mind that Mortgage Brokers in Adelaide has introduced a brand new website highlighting their financial services. Lending practices in Adelaide have changed significantly in the last few years, and many of the new requirements make it hard for potential home buyers to get loans. Fortunately, Mortgage Brokers in Adelaide stands ready to use their knowledge and expertise to help consumers achieve their dream of homeownership.

Ben Spyker, Senior Mortgage Broker at KeyInvest Lending Services in Norwood, stated "The lending standards of financial institutions in South Australia have changed. No longer is there any guarantee that a borrower will be successful in their application for finance. Now, lenders require a minimum of 10 percent deposit on a home loan, and they want borrowers who are able to show that they saved this amount over a period of time – something they refer to as "genuine savings". Unfortunately, this has turned out to be a problem for those who would like to leave renting behind and enter the housing market."

Spyker goes on to say, "These new rules set out by the lending institutions have disappointed many potential home owners because, even though they have little or no deposit, they do have the income to service the loan. This is where speaking with a SMBIA mortgage broker can help. We offer tips on our website at https://smbia.com.au/faq/types-of-home-loans/, but we'll also be there to help buyers plan and organize their finances to meet lender requirements. With access to over 20 lenders, our team of brokers is well-qualified to help buyers find the right loan, and we'll even negotiate on their behalf."

"Our Senior Brokers are considered mortgage finance experts. This means that they have significant experience helping those interested in home ownership secure the loans they need. Clients can rest assured that we know what we're doing and that they're always in good hands when they choose Mortgage Brokers in Adelaide." Those interested in SMBIA's services can visit https://smbia.com.au/property-investment/advice/ for more information.

About Mortgage Brokers in Adelaide
Mortgage Brokers in Adelaide is a company dedicated to helping home buyers find and secure the right loan. Ben Spyker, the Senior Mortgage Broker at KeyInvest Lending Services, (a sponsor of Mortgage Brokers in Adelaide) has background qualifications and significant experience in Mortgage and Finance in South Australia. With access to over 20 lenders and a commitment to providing the best service in the industry, the SMBIA team stands ready to help turn the dream of home ownership into a reality for buyers.