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Mortgage brokers work for borrowers

A mortgage broker can negotiate with a lender on your behalf, and get you lower interest rates, waived fees or extra bundled services for your mortgage. While discounted home loans make less money for lenders, many banks will still offer brokers the same commissions anyway, as they recognise the value of the broker introducing them to new customers.

Additionally, our services do not cost our customers anything! We are paid on a commission basis by the banks and lenders who provide the loans. Thanks to a regulation called Best Interest Duty (BID), it is in a broker’s interest to recommend home loans that suit a borrower’s finances.

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