A mortgage broker is 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.
This information in this article is general only and does not take into account your individual circumstances. It should not be relied upon to make any financial decisions. uno can’t make a recommendation until we complete an assessment of your requirements and objectives and your financial position. Interest rates, and other product information included in this article, are subject to change at any time at the complete discretion of each lender.