It is a free service offered to clients across all major banks with no cost whatsoever to the client- it is easy as the client will have someone to guide them through the process and explain the complicated legal and financial aspects of their application. It is time saving as the application is submitted electronically and simultaneously to all banks. This not only saves the client time from visiting each bank but also client will complete one application form, as supposed to completing each bank form. An originator will assist the client with an overall assessment of their financial situation, creditworthiness and affordability- it increases the likelihood of obtaining a Homeloan due to the originator's knowledge of the different banks lending criteria. The multiple-quote model enables originators to negotiate interest rates with banks depending on what other banks have offered. There is control and coordination around the application process which also be