What is a Mortgage Broker?

According to www.moneysmart.gov.au

"A finance broker negotiates with banks, credit unions and other credit providers on your behalf to arrange loans.

A mortgage broker is someone who specialises in home loans. Finance or mortgage brokers can offer you a variety of loan options. They can help you select a loan and manage the process through to settlement."

Mortgage brokers are typically paid a commission by the lender and you (the client) don't normally pay for their services. However, brokers should make you aware of the amount of commission they are being paid by each lender.

How do I find a Mortgage Broker?

There are many ways to find a mortgage broker. One simple way is to use our free online directory to find a broker near you.

Note that we don't earn any commission through you using our website to find a broker. The brokers listed in our directory are affiliated with a variety of finance organisations and usually operate independently.