HLG033 The benefits of using a mortgage broker (542 words)

A mortgage broker can navigate the process of finding the right loan for you so you can focus on what's most important to you. Further, a mortgage broker usually has access to a wider range of loan products and rates than if you went straight to one bank or did all of the groundwork yourself. In this article, we look at the role of mortgage brokers and the key benefits of using one. We also set out a list of questions and documents for clients to prepare themselves for a meeting with their mortgage broker.

Buying a home is likely one of the biggest financial decisions you'll make in your life. While the process can be exciting, it can also be daunting, especially when it comes to financing your dream home.

What is the role of a mortgage broker?

A mortgage broker is a professional who will liaise with banks and other lenders or financial institutions to organise your home loan. They will have access to a range of loans and financial products and will save you the time of going to a handful of lenders yourself.