Mortgage Broker Australia: Everything You Need To Know
If you’re in the market for a mortgage, you may be wondering if it’s better to go through a mortgage broker or to apply for a mortgage directly with a bank. Both options have their pros and cons, but using a mortgage broker can often be the best way to get the mortgage that’s right for you.
What should I know about this?
Here’s everything you need to know about mortgage broker Australia.
Brokers are professional mortgage advisers who work with a panel of lenders to find the right mortgage for their clients. Brokers are required by law to have a Credit Licence, which is issued by ASIC (the Australian Securities and Investments Commission). This means that they must meet certain standards and requirements, and are held accountable for their actions.
When you use a broker, they will assess your financial situation and circumstances and then provide you with a range of options from different lenders. They’ll also be able to negotiate on your behalf to get you the best possible deal.
We hope this information has been useful to you.