Why use a broker?

Using a mortgage or finance broker gives you access to a wide range of lenders and loan options, helping you find the right solution for your financial situation. Brokers save you time by handling the research, paperwork, and negotiations, while offering expert advice tailored to your needs. They can often secure better rates or terms than going directly to a bank, and they’re especially valuable in complex situations like self-employment or property investment. With ongoing support and industry insight, brokers make the loan process easier, more efficient, and potentially more cost-effective.

What are the costs involved with using a broker?

In most cases, using a mortgage or finance broker is free for the client, as brokers are typically paid a commission by the lender once your loan settles. This commission doesn't impact your interest rate or loan terms. While the lender pays both an upfront and ongoing (trail) commission, some brokers may charge a direct fee for more complex scenarios, such as commercial finance or specialised lending, but we would never do this. A reputable broker will be transparent about any costs.

Can a broker get me a better deal than the banks?

Yes, a broker can often get you a better deal than going directly to a bank. Because brokers work with a wide panel of lenders, they can compare multiple loan products to find competitive rates and terms that suit your needs. They also understand lender policies and can negotiate on your behalf, sometimes securing discounted rates, fee waivers, or more flexible loan features. While banks only offer their own products, brokers have access to a broader market — increasing your chances of getting a better deal tailored to your situation.

Will working with a broker affect my credit score?

Working with a broker won’t negatively affect your credit score — as long as they manage your application process carefully. A good broker will pre-assess your situation and recommend suitable lenders before any formal credit checks are done.

However, your credit score can be impacted if multiple loan applications are submitted to different lenders in a short period. That’s why experienced brokers avoid unnecessary enquiries and only submit one application to the most appropriate lender once you're ready to proceed. In short, working with a broker can actually help protect your credit score by guiding you through the process more strategically.

How do i post a review for only finance?

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