What Does a Mortgage Broker Do?

A mortgage broker is a property loan specialist who liaises between you and your lender when you apply for a home loan.

Your mortgage broker will get to know you and your goals, figure out how much money you are eligible to borrow and help you gather all the evidence you need for your property loan application.

They then contact the lender offering the right solution for you to make sure you get approval.

A broker is not biased towards any lender and will work with you to find the best loan for your needs.

Why Choose a Mortgage Broker

Not all loans are created equal. Let Lend & Co find the right loan for you.
Bank-Based Lending Advisor Your Broker
Very few mortgage options
Dozens of mortgage options ✔️
Represents one lending institution
Represents several lending institutions ✔️
Can’t always offer a lot of choice between rates and conditions
Offers plenty of choice between rates and conditions ✔️
Doesn’t offer long term advice
Will work with you to plan subsequent property purchases ✔️
Is representing their employer, not themselves as a business
Is motivated to deliver the best possible service as a small business owner ✔️
No fee for service
Very low fees and no bias towards a particular institution ✔️
Doesn’t always come to you
Can meet you online or in person ✔️
Bank-Based Lending Advisor
Very few mortgage options
Represents one lending institution
Can’t always offer a lot of choice between rates and conditions
Doesn’t offer long term advice
Is representing their employer, not themselves as a business
No fee for service
Doesn’t always come to you
Your Broker
Dozens of mortgage options ✔️
Represents several lending institutions ✔️
Offers plenty of choice between rates and conditions ✔️
Will work with you to plan subsequent property purchases ✔️
Is motivated to deliver the best possible service as a small business owner ✔️
Very low fees and no bias towards a particular institution ✔️
Can meet you online or in person ✔️

Why Not Go Straight to a Bank?

You can ask your bank for a home loan but they won’t give you a wide selection of borrowing options.

A broker charges you little to no fees before figuring out which home or property loan is right for you.

They will then submit your application on your behalf and walk you step by step through the process to buy a house, development site or commercial property.

Your broker is motivated to find a loan that has the potential to save you tens of thousands of dollars, while charging you a very small fee or even no fee at all.

Sound good? Apply for fast pre-approval or book a call to find out more.

Our Lenders

Lend & Co has relationships with Australia's leading lenders and banks.

Ready to take the next step in your property journey?

Connect with an expert home loan specialist from Lend & Co today