Mortgage broker
An individual or company that acts as the intermediary between borrowers and lenders to secure a suitable home loan for lenders. Their job includes negotiating the best deal for a loan on the borrower’s behalf and overseeing the application and settlement processes. Usually, borrowers do not need to pay fees to mortgage brokers as they are charged a commission by the lender when a mortgage is initiated.


Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.
Get in touch
We're here to help. If you have a specific question, you can contact us via Live Chat or phone Monday-Friday from 8.30am-6.00pm (Sydney time).
To speak with us at a specific time, you can schedule a call with our Head of Customer Service.