We are a team of ex bankers with more than 15 years of experience with home loans. We have partners in all banks that are all specially hand picked to bring you the best home loans rates, with ease of mind and transparent comparisons for all home loans.
What is a mortgage broker?
A mortgage broker acts as a middleman between you and banks. The broker’s job is to work on your behalf with several banks to find mortgage lenders with competitive interest rates that best fit your needs. Mortgage brokers have a well-developed stable of lenders they work with, which can make your life easier.
Mortgage brokers do a lot of the legwork — from gathering documents from you to pulling your credit history and verifying your income and employment — and use the information to apply for loans for you with several lenders in a short time frame.
How does a mortgage broker get paid?
Mortgage brokers are paid a referral fee by the bank.
Is a mortgage broker right for me?
A mortgage broker applies for loans with different lenders on your behalf, shops for competitive mortgage rates and negotiates terms.
You can also save time by using a mortgage broker; it can take hours to apply for different loans, then there’s the back-and-forth communication involved in underwriting the loan and ensuring the transaction stays on track. A mortgage broker can save you the hassle of managing that process.
That head-to-head price comparison among different options is the best way to make the right choice in what is likely to be one of the largest purchases in your life.