Mortgage broker – find a good broker in Adelaide

Find the home loan you need with the help of a professional mortgage broker in Adelaide.

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eChoice is an award-winning broker with over 18 years of experience, and has helped more than 50,000 Australians to find the right home loan.

  • Completely free, expert home loan advice.
  • Offers a suite of digital tools to make you a smarter borrower.
  • Calculate your borrowing power with a free personalised home loan report.

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Technology Platform of the Year 2016

Australian Broking Awards

How can I make sure I've found a good broker?

There are a lot of mortgage brokers out there willing to help you find a loan. When looking for a broker, make sure they are a licensed professional and do a little bit of background research. Here's what you need to do:

  • Check their accreditation. Your broker should have an Australian Credit License or be an Australian Credit Representative. They are also required to be a member of either the Mortgage and Finance Association of Australia (MFAA) or the Finance Brokers Association of Australia (FBAA).
  • Look closely at their lending panel. Brokers don't compare loans from every single lender in Australia, but they should have a large panel. Ask about the broker's panel to check that they offer mortgages from many different lenders.
  • Read up on the industry. The broker is the expert, but learning about mortgages helps you make sure you're getting helpful information.
  • Research the broker. Chances are your broker has an online presence and previous customers who have left reviews of their experience. This can be valuable information when shopping around for a broker.

Compare more mortgage brokers in the table below

Name Product Upfront consultation fee Variable rates from Comparison rates from Lenders on panel Apply Now
eChoice
$0
3.03%
3.04%
25
eChoice has a network of brokers Australia-wide and convenient online service. They work with lenders large and small.
Finsure
$0
3.03%
3.04%
35
Finsure has a large panel of lenders and offers flexible mortgage solutions for borrowers.
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Compare up to 4 providers

How are mortgage brokers paid?

Mortgage brokers make their money on commissions from lenders for directing new customers to them. They receive an upfront commission when you sign up for a loan and a trailing commission each year you are still repaying your mortgage. You don't pay this fee - it is paid completely by the bank or lender that you are getting a loan with.

Read our page about the broking process for more information.

How does a mortgage broker work?

A mortgage broker will get an understanding of your financial position, including any debts and liabilities, assets and income. They use all of this information to create a profile of your situation, and they use this to match you up with a lender who can give you a good deal on your home loan.

Mortgage brokers have a legal responsibility to ensure that they help you find a loan you can repay, without putting yourself into financial difficulty. Once they have assessed your financial situation and your borrowing power, a broker will present you with a choice of appropriate loans offered by their panel of lenders.

This is one of the main benefits of working with a broker, rather than going straight to your bank for a home loan: they can check with a number of different lenders until they find the right fit for you. This is especially important if you have a unique situation, such as if you're self-employed, on maternity leave or have investments or rental properties. With an experienced broker on your side, you're in the best position to get the right loan for you.

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