How does a mortgage broker work?

Some Frequent Asked Questions about mortgage broking

What does a mortgage broker do?

A mortgage broker is the middle person between a borrower and a lender, negotiating the loan on you behalf and helping you find the right home loan for your needs.

As your mortgage broker we will support you through the entire process, looking after your paperwork and saving you time, stress and money. We will explain and clarify any doubts that you may have along the process, translating the financial jargon into plain English.

Banks and lenders work closely with us, brokers, and offer competitive home loan deals that are only accessible through a broker.

When should I see a mortgage broker?

It’s never too soon to get in touch. You can meet with me as soon as you’re just starting to think about buying a home or looking to invest or refinancing. See how we can help you according to your personal circumstances.

We offer free appointments at the time and place that suits you, including after hours.

You can start preparing your application by ensuring you have the right information available. Check out the list of documents that will be required for your home loan application.

How much does it cost?

Our services are at no cost to you. We can offer our service at no charge because lenders pay us a commission on the settlement of your home loan.

Rest assured the commission paid by the bank has no bearing on your loan, so quite truly there is no cost to you for using our services.

What does “honest advice” means?

We don’t work for banks, lenders or franchises, only for you. Some brokers get paid more for recommending one lender over another, we don’t. We’re committed to give our clients a honest advice, no matter how small or big your deal is.

Are we qualified to give financial advice?

Absolutely, we are. We’re a qualified and registered mortgage broker with an extensive background in finance and many years of experience in liaising with clients and lenders. We’re Certificate IV and Diploma qualified in Finance and Mortgage Broking Management, and are a Credit Representative (via Corporate Credit Representative) of an Australian Credit Licenced Company, as per ASIC’s requirements.

Connect with our founder through Linked In and more about his qualifications and experience.

What can you do for me that a bank can’t?

We can help you to compare hundreds of home loans from many different lenders to find the right option for your circumstances. The lowest rate loan is not always the best option, as it can have many hidden costs.

As your mortgage broker we also put all the applications together, ensuring every document is legally compliant, apply for any grants you may be eligible for and settling the whole deal.

In summary, we can do the entire process faster, easier and stress free for you, while you save time and money.

Ready to get started?

contact us today