To answer the question "How do you know if your mortgage broker is really recommending the right home loan for you?", we need to talk about how a mortgage broker gets paid.
At Go Mortgage, our home loan service is at no charge to our customers because the lenders pay us a commission on the loan on settlement. This doesn't affect the deal you get from the lender.
Go MortgageGo Mortgage then pays a commission to your broker.
Different lenders pay different commission. Some pay more than others. But at Go Mortgage we pay your broker the same rate of commission, no matter which home loan you choose from our panel of lenders.
With other mortgage brokers, that’s not always the case. Many of the major mortgage broking groups in Australia simply pass on the different rates of commission to their brokers.
So when you’re thinking about using a mortgage broker, it’s important to ask whether they get paid more for recommending one lender over another.
You can tap into a Go Mortgage broker's expertise at no charge, with peace of mind that they have your best interests at heart.
We can compare hundreds of home loans from over 20 lenders, including the big 4 banks. But at Go Mortgage, the only choice that matters to us is the one that’s right for you. Happy As!