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What is a Mortgage Broker? Everything You Need to Know! (Including Their Fees!)

One common first home buyer misconception is that being on their own when it comes to applying for a home loan is much better, faster, and easier. While you can definitely DIY, you will be surprised to know the many benefits you can gain by partnering with a trusted and experienced mortgage broker. It starts with understanding the work that they do, why you need them, and how many home loan success stories start with choosing the right mortgage broker. If you are planning to apply for a home loan soon, this video is a good starting point. Make sure to watch this video before you sign up with a mortgage broker. Timestamps: 00:00 What is a Mortgage Broker? 01:27 The benefits of working with a mortgage broker 02:14 How to choose the right mortgage broker 02:57 Do you really need a mortgage broker? 03:30 Mortgage broker vs. banks 04:24 Do brokers charge a fee? 04:55 Questions to ask a mortgage broker before you hire them --- This video was presented to you by Michael Nasser, Lendstreet's Senior Mortgage Broker. Should you need tailored advice and a more in-depth look into your current scenario before embarking on a new home loan, feel free to get in touch with him at [email protected], or you may call 1300 317 042. You can also book a free no-obligation consultation here: https://bit.ly/3IXMSbo. Social Media Links: Facebook:   / lendstreetmortgagebrokers   Instagram:   / lendstreetmortgagebrokers   Twitter:   / mnasserbroker   Company LinkedIn:   / lendstreet   Michael's LinkedIn:   / michael-nasser-ls   Medium:   / michaelnasser   ABN 24 601 471 416 | Credit Representative Number 509687 authorised under Australian Credit Licence 389087. Disclaimer: Any advice contained in this video has been prepared without taking into account your objectives, financial situation, or needs and is subject to change. Before acting on any advice, you should consider whether it is appropriate for your circumstances.