Background of finance and mortgage broker Melbourne. A finance and mortgage broker is a person between a borrower and a lender, negotiating the loan on your behalf and helping you to find the right loan product and loan features for your needs.
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A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions have sold their own products.
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A mortgage broker works as a go-between for people seeking a home loan and potential lenders. The broker typically has a list of lenders and their respective offerings and requirements; they then work with loan seekers to match them with the lender that best suits their needs.
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