Prefix Finance - Home and Investment Lending Specialists

What is a Mortgage Broker?

A Mortgage Broker is an independent person or business that will find the most suitable home loan for a customer. They can professionally navigate the lending policies of many banks and lenders to find the best home loan solution available. They also negotiate interest rates with banks to try find the customer both the most suited loan product and at the lowest possible price.

Why use a Mortgage Broker?

Mortgage Brokers provide variety and choice, offering a simple and easy way for customers to search for their ideal home loan. Mortgage Brokers enable customers to change focus on differing bank products and as a result the banks have become even more competitive. Competition in any market results in lower prices for the consumer and the home lending market is no different.

A Mortgage Broker uses their expertise and knowledge to quickly find your most suitable lender and loan product. They work for their customer, not for the banks.

How much does a Mortgage Broker cost?

In most circumstances, a Mortgage Broker's services can be used free of charge. Occasionally a Mortgage Broker may charge a customer a fee to utilise their services however this will be disclosed prior to engaging their services. At Prefix Finance our Mortgage Brokers do not charge a fee for service.

How does a Mortgage Broker get paid?

The finance industry associations and aggregators have created a payment structure for Mortgage Brokers which allows them to be paid directly from the bank rather than the customer. This allows the customer to access a wealth of experience and knowledge, which would otherwise be unaffordable, literally free of charge.

As a customer, you can try as many Mortgage Brokers as you like until you find the most professional, friendliest, most knowledgeable and most helpful. When you engage their services to place a loan application at a bank they will help you through every step of the process. When you see your bank and loan accounts set up at the lender, the Broker will be paid a fee from your bank for their services.

I have a unique borrowing requirement, can you help me?

Yes we can. Our mortgage consultants are trained to provide tailored advice to each borrowers requirements and objectives. If you are interested in learning about some specific 'niches', please follow this link.

How to find a Mortgage Broker

Look no further! Prefix Finance has experienced and knowledgeable Mortgage Brokers who are able to assist you with your requirements. Click here for contact information.