Optional: Find a Broker

A mortgage broker is a professional who deeply understands the ins and outs of the mortgage process and typically has a working relationship with numerous lenders.

While a broker is not required, here are some reasons you might consider working with one:

• Exclusive Rates - As you can see in the Live Rates section of the app, some lenders work exclusively through brokers.
• Advice - A broker will be able to provide advice specific to your situation.
• Time Saving - Working with lenders for mortgage approval can take a lot of time and effort. A broker can communicate on your behalf with multiple lenders as well as work directly with your solicitor.
• Quicker Turnaround - Your broker will catch issues with your application before they are sent to the bank.
• Applying for Lending Exceptions - If you're looking for an exception to the typical borrowing limits, your broker will know which lenders are able to offer you exceptions and help set your application up for success.

Broker Fees

All brokers make commission from lenders and insurance providers for signing you up as a customer. Some brokers may also charge a fee for their services. Using a broker will not increase the cost of these products.

When To Contact a Broker

If you choose to apply via a broker you should contact them at any time from six months away from your mortgage application right up to when you're ready to apply.