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What is a Mortgage Broker?

What is a mortgage broker, and what will a broker do for me?

What is a Mortgage Broker

Simply put, a mortgage broker is an independent medium between a client (you) and a panel of banks and finance providers. Unlike a bank salesperson or consultant, we don't work for a finance provider. This allows us to search a pool of banks and lenders to find the loan that best suits you and your needs.

I would like to express my appreciation for your efficient team operation in our recent purchases. With that seemed to me as a mountain to overcome, you ran the gauntlet on our behalf and come thru with the goods with no pain for myself and my wife.  R.C.

The benefit of working with a mortgage broker:

As brokers, we work with clients to determine their borrowing needs and ability. We then select a loan suited to their circumstances and manage the process from application through to settlement. Some benefits of using a broker are:

  • We do all the legwork for you
  • Access to a wider range of loans
  • Greater expertise and experience, as we are doing home loans every day
  • More flexible
  • We deal with the bank for you (so you don't have to)
  • Brokers have ongoing working relationships with banks, which you as a customer can leverage off