The advantage of using a mortgage broker lies in their ability to streamline the process, sparing you the effort of negotiating with different lenders, especially if you may not qualify for certain products. Ultimately, utilising a mortgage broker can lead to cost savings by identifying the right loan tailored to your specific circumstances.
A broker also offers more choices than those confined to a single bank’s options, allowing you to compare the best interest rates, repayment amounts and loan products.