Experience the Aussie mortgage broker difference

A mortgage broker is a home loan advisor and acts as an intermediary between a lender (a financial institution such as a bank) and a borrower.

A mortgage broker can guide you through the process of obtaining or refinancing a home loan, including:

• Figuring out what your property goals are
• Working out your borrowing power
• Answering any property-related questions
• Providing information on things like types of home loans, interest rates and the costs of buying a home
• Negotiating with your lender
• Aligning your needs, goals and lifestyle with suitable home loans
• The mortgage application process

A mortgage broker is a qualified home loan professional with expertise in the property space. It may be beneficial to have a broker as they can:

• Help you save money by negotiating with lenders to find you a better deal
• Help you save time as they have the resources, knowledge and expertise in the mortgage space
• Provide you with more options. When you go to a bank or lender, they can only present you with their products 
• Offer impartial advice as they are not tied to any one bank or lender

Our Aussie Brokers are on your side – that means we’ll work in your best interest to find you a home loan that’s right for you.

Mortgage brokers are usually paid a commission by the lender for selling their product, so it’s not common for a borrower to foot the bill.

However, in some instances, a broker may charge you a fee for their services which they should advise you on before you start working together.

At Aussie, our Aussie Brokers are paid by the lender, so you won’t have to worry about any fees associated with working with us.

You can find an Aussie Broker by searching for a store in your area.

If you have a particular broker in mind, you can search their name in the ‘find your broker by name’ search field. 

No, you don’t need a mortgage broker to obtain or refinance a home loan.

However, mortgage brokers can be helpful as they can guide you through the lending process, negotiate on your behalf and answer any questions you might have. 

This depends. Mortgage brokers work closely with lenders and have their finger on the pulse when it comes to the deals and rates currently on offer.

Additionally, brokers are experienced negotiators, so they may be able to get you a lower rate than you could get on your own.

However, it won’t always be possible to get a more competitive deal. This will depend on what your lender is willing to offer based on your current situation, as well as external factors such as economic conditions.

A lender is a bank or financial institution that loans you money. A mortgage broker is a home loan specialist that can advise you on the mortgage process and your home loan enquiries. 

A mortgage broker can do the work for you, saving you time and effort.

Brokers usually have access to a panel of lenders and can compare hundreds of home loan products on offer by those lenders. 

Brokers usually won’t cost you anything and are a great resource to have when you’re feeling stuck or confused. They can also negotiate with lenders on your behalf.

On the other hand, if you decide to do your own research, you may find deals from smaller banks or lenders who aren’t always on broker panels. 

However, this route is often more time consuming, as you’ll need to speak to each individual lender to find out what options they can provide to you and do comparisons yourself.