Mortgage Broker Melbourne

Quite often in these and other Blogs i am asked what is the role of a Mortgage Broker and how do i find the right one?

Firstly the role of a Mortgage broker is to act as an intermediary between yourself and the lender, and to provide loan options, ancillary products and recommendations to clients. Including:

•  Bringing together strategies and products to match the clients present situation (needs, goals, and objectives).
• Consider all potential options in order to attain the client’s future goals.
• Disclosure of fees/commissions is integral to establishing your role as a broker or as a brokers representative and the capacity in which you act as a representative. Ie how a broker is paid and the loan fees assoc.
• Educated the client on the capacity of a broker and the roles of broker and client.

See Questions to Ask a Mortgage Broker | Melbourne based and How does a Mortgage Broker get paid ?