What exactly do Mortgage Brokers do for their customers?
Match-makers
Mortgage 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 you
Mortgage Brokers provide you with personalised end-to-end service, from initial interview to application, through to settlement.
A wealth of knowledge
Mortgage Brokers provide you with information about a range of available mortgage products to help your understanding of the different options, and to help you choose what’s right for you.
Expertise at every step
Mortgage Brokers assist you with the process to follow when applying for a mortgage.
Helping negotiate
Mortgage Brokers act on your behalf to negotiate with lenders to find an appropriate product for you.
Competitive spirit
Mortgage Brokers help bring competition to the mortgage industry, providing you access to a range of lenders other than the Big 4.
Spoilt for choice
Mortgage Brokers can offer you mortgage finance products from a range of lenders (on average, 34 lenders).
Great value
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.