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Mortgage Brokers explained

What is a Mortgage Broker?

A Mortgage Broker helps you find a suitable mortgage for your home. Once you tell the broker about your finances and what kind of home you want to buy, they search for suitable mortgage options and compare things like interest rates, fees and mortgage features for you. They will then help with the application process. The broker acts as a middle person between you and your chosen lender, making the whole process easier and saving you time.

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Some mortgage brokers may charge you a fee for arranging your mortgage.

How do I find a Mortgage Broker?

There are lots of brokers available online and you’re free to choose any one that best meets your needs. You may also find it helpful to contact a broker recommended by a friend or family member. Whichever broker you choose, they must be registered with us in order to submit your application.

Why do I need a Mortgage Broker?