What exactly do Mortgage Brokers do for their customers?
Don’t burn borrowers
Match-makersMortgage Brokers act as intermediaries. Their main role is to match you with prospective lenders (such as banks) and financial products (such as mortgages).
Tailored to youMortgage Brokers provide you with personalised end-to-end service, from the initial interview, to submitting your application, through to settlement.
A wealth of knowledgeMortgage Brokers provide you with information about a range of available mortgage products to help your understanding of the different options, so you can choose what’s right for you.
Expertise at every stepMortgage Brokers assist you with each step of the process when applying for a mortgage.
Helping negotiateMortgage Brokers act on your behalf to negotiate with lenders to find an appropriate product for you.
Competitive spiritMortgage Brokers help bring competition to the mortgage industry, providing access to a range of lenders, not just the Big 4.
Spoilt for choice
Mortgage Brokers can offer you mortgage finance products from a range of lenders (on average, 34 lenders).
Typically, consumers don’t pay Mortgage Brokers for the services they provide. Usually Mortgage Brokers receive a commission from the lender for each home loan they settle.