Generally it costs you nothing to use a Mortgage Broker to get your home loan approved and settled.
Mortgage Brokers get paid by your lender at the settlement of a Home Loan.
Lenders pay Mortgage Brokers in the background in the same way that they would pay their local branch staff in the background.
The client isn’t expected to pay the branch clerk when they go and see them, just like we don’t expect them to pay us directly.
So what that means is that we as your Mortgage Brokers don’t get paid unless we get you a home loan that’s approved.
There are some instances when it will cost you to use Blackk Mortgage Brokers, however I will always let you know upfront when this is necessary and what additional benefits you can expect from me.