Question 1

What does a mortgage broker do?

Accepted Answer

Mortgage brokers negotiate loans between borrowers and lenders, researching the most suitable deals for each customers circumstances.

Question 2

How are mortgage brokers paid?

Accepted Answer

Usually a mortgage broker is paid a commission from the lender the loan is offered by. Sometimes, the borrower is required to pay a fee.

Question 3

Can mortgage brokers get me a better deal?

Accepted Answer

A mortgage broker may be able to use their negotiating power to find you a more competitive rate than you are offered by the bank.

Question 4

Does a mortgage broker need to be licensed in Lloyd Creek?

Accepted Answer

Yes. It is illegal to operate as a mortgage broker in Australia without a licence.

BEST Mortgage Brokers in Lloyd Creek NT 0822 for 2022

Need a lending specialist? These 15 results are waiting for your call. Here are our top Lloyd Creek Mortgage Brokers with reviews & ratings.