Loan Market helps borrowers compare the rates and features of different loan products from over 60 lenders. A Loan Market mortgage broker can help you navigate the whole application, pre-approval and final approval process for a home loan.
Which lenders are on Loan Market's panel?
According to its website, Loan Market has access to loans from more than 60 lenders. This includes all of the Big Four banks and smaller specialist lenders.
Loan Market profile
- One of Australia's largest mortgage broker firms
- Over 500 mortgage brokers in Australia
- Access to home loans from a panel of over 60 lenders
Does Loan Market charge borrowers a fee?
Mortgage brokers don't usually charge fees to a borrower. Instead, a broker is paid a commission by the lender when the mortgage is settled. This is true for Loan Market's brokers. But there may be specific cases where a broker may charge a fee.
How can a mortgage broker like Loan Market help?
Mortgage brokers can help you navigate the often-confusing home loan market to help you find the best deal. They're familiar with a variety of lenders and their policies and they can help identify which is the best fit for your specific circumstances.
Loan Market mortgage brokers are licensed to provide personal advice to borrowers, whether you're looking for a straightforward home loan for purchase or refinancing, or you have a more complex situation requiring a product like a bridging loan or a low doc home loan.
For people with unique needs, such as sole traders, self-employed business people or pensioners looking for a mortgage, a broker can help you find highly specific and specialised products.
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