What is a Mortgage Adviser?

| | 0 minute Less than a minute read

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.

Add a Comment

Helen is Head of Content at uno - the smarter, faster way to get a better home loan.

Buying FAQs Investing Refinancing

You might also be interested in

How I achieved my Great Australian Dream – with Leonie Fitzgerald, founder of Wealthology

An insurance payout at 11 landed Leonie Fitzgerald enough money to go halves in her first property at age 18. But it wasn’t all smooth sailing from there. In the first of uno’s Great Australian Dream series, we chat to the investment strategist about her property highs and lows.

Six common questions about the First Home Owners Grant

uno adviser, Kristie Oldfield, fields questions about the First Home Owners Grant on a daily basis. Here, she breaks down the six most common questions she gets asked, and answers them for you.

If your new year’s resolution is to save more money, try switching your interest rate

Forty per cent of Aussie mortgage holders don’t know the interest rate they’re paying on their home loan and are likely to be paying off their mortgage at a much higher rate than they should be.