While a mortgage broker certainly has some expertise when assessing your financial situation and the loan market, and can save you time and hassle if you don't want to do the legwork yourself. But it's now easy to compare all your loan options online, where dozens of lenders are competing for your business and can see each other's rates (which will make their offers even more competitive). Bear in mind that the mortgage broker has a business to run, and if you don't pay his fees the lender will, which means that another cost is built into the conditions you are being offered. A broker may also only work with certain lenders or be paid more for recommending particular loans, limiting or influencing your choice. And yes, Finty does receive a fee, paid by the lender, for presenting your loan options to you, but it's much less than a mortgage broker's fee. So if you are prepared to do your own research and comparisons, with Finty's help and advice, you can potentially save heaps.