Should I Use a Mortgage Broker?

With so many options on the market, shopping for a competitive home loan can be overwhelming. But there is an easier way, and that’s to enlist the support of a qualified mortgage broker.

What are the benefits of using a mortgage broker?

One of the primary benefits of using a mortgage broker is saving time and money. Allowing someone else to do the legwork frees you up for other things – such as finding your dream home.

In addition to finding you a range of highly competitive loans to choose from, some of the better mortgage brokers offer personalised services that focus on more than just rates. The more information you can provide to your broker about your personal circumstances and financial situation upfront, including proof of income and expenses, the better they’ll be able to tailor their recommendations to suit your specific needs.

While some mortgage brokers charge for their services, at iSelect we offer our services at no cost to you. Instead, we earn a commission from the lender when we successfully help you find an appropriate home loan for your needs.

Mortgage brokers vs banks

While banks and other institutions often have their own lenders, you may find their advice is swayed towards the products they offer rather than trying to get you the most suitable home loan rates.

An iSelect mortgage broker is different. They are not affiliated with any lenders, so they’re able to compare home loans from more than 20 different institutions to find the one that’s right for you.

Remember, if you do choose to work with a mortgage broker, you don’t need to rely entirely on the information they give you. You’re free to do as much of your own research as you want to ensure you’re getting the most suitable deal for you.

Finding a great home loan is easier with the right support. Call 13 19 20 to speak with one of iSelect’s qualified mortgage brokers and start comparing home loans today.

iSelect powered by AFG does not compare all home loan lenders or products in the market. Some products may only be available from iSelect powered by AFG’s call centre. The availability of products may change from time to time. Not all products available from iSelect powered by AFG’s providers are compared due to commercial arrangements, your stated needs and circumstances. Not all products compared by iSelect powered by AFG will be available to all customers. Click here to iSelect powered by AFG’s range of lenders. Home loans products arranged by iSelect Mortgages Pty Ltd (ACN 148 217 181) powered by AFG, is an authorised credit representative of Australian Finance Group Limited (Australian Credit Licence Number 389087). Any advice provided in this email/article is of a general nature and does not take into account your objectives, financial situation or needs. You need to consider the appropriateness of any information or general advice iSelect gives you, having regard to your personal situation, before acting on iSelect powered by AFG’s advice or purchasing any product. iSelect receives commission for each product sold.