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What is a mortgage broker?

A mortgage broker is a financial adviser that specialises in home loans. They guide you through the home-buying process by gauging your needs, assessing your financial situation, suggesting the appropriate loan structure and introducing you to multiple lenders that may have what you’re looking for. In essence, they provide expert advice on a highly complicated financial investment. What does a mortgage broker do? Mortgage brokers maintain relationships with a suite of mortgage lenders and are familiar with all of the…

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