How Mortgage Brokers Work in Australia
Understanding Mortgage Brokers in Australia
⏱️ Reading time: ~5 minutes
Whether you're a first-time borrower or finance professional, this guide breaks down how mortgage brokers in Australia work, what they do, and how to get the best value from the broker–lender relationship.
Get the Guide
What You'll Learn
- ✔️ The broker's role vs banks and lenders
- ✔️ How commissions work and what it means for your loan
- ✔️ The loan application process from enquiry to approval
- ✔️ How brokers assess products, serviceability and structure
- ✔️ Questions to ask your broker before signing anything
Who This Guide is For
- 🏠 First-time homebuyers in Australia
- 🏦 Property investors comparing finance options
- 📚 Students and new mortgage brokers entering the field
Frequently Asked Questions
Is using a mortgage broker free?
Yes — most brokers are paid by lenders, not you. But the guide explains where to check for conflicts.
Can this guide help me compare loan offers?
Yes — it outlines a simple comparison method you can use when assessing options.