What is a Mortgage Adviser?

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A mortgage adviser is the same thing as a mortgage broker: Someone who negotiates with banks, credit unions and other credit providers on your behalf to arrange home loans. They also assist with application preparation.

Brokers must be accredited to be operating legally within Australia by having a CERT IV in Finance and Mortgage Broking, and must operate under their own ACL (Australian Credit Licence) or as a Credit Representative under an ACL held by another entity.

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