FAQ

Do banks charge higher fees or interest rates if you go through a broker?
You will not pay higher rates or fees by going through a broker, in fact we have often negotiated a better deal with a client’s own bank than what the bank had previously offered them.

Why use a mortgage broker instead of going directly to a bank?
A great mortgage broker will save you time, effort and often money too!
Time: We shop around the different banks so you don’t have to.
Convenience: We are available outside bank’s hours.
Money: Sometimes we can obtain a better interest rate for you than you can if you ask your bank directly.
Personal service that you won’t receive from a bank:
no pressing buttons, staff member leaving half way through your loan.

How is a mortgage broker paid?
In most cases a mortgage broker is paid by the bank and will not charge you a fee. If this is not the case, the mortgage broker will advise you prior to or at the first meeting of the amount of the fee they will charge you.