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.

Compare home loans the easy way

We partnered with Lendi* to help you compare home loans from over 35 lenders and over 2,500 home loan products.

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.

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.

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.

Our team at iSelect have partnered with Lendi*, so we can help you compare a range of different providers on the market. Use our online tool to compare home loans, or give Lendi a call on 1300 186 260 (08:30-18:30).