A mortgage broker is able to present options from a range of lenders whilst a bank can only show you the best products they have.

Or, Why should I use a broker? Why not walk into a bank / branch and get the local branch manager organize my loan. Good question! Let me explain the benefits of using a mortgage broker over a bank. A good bank employee will show you the best / most suitable product they have. BUT, he/she can not show you or tell you about all the other lenders and their products. That is just never going to happen….. A broker on the other hand knows many lenders and products and policies. They work for you and make sure you get the best features, the best rate and your profile fits the banks policies. And from a good broker all that is available to you with no bias. A mortgage broker has no preference as to which lender you choose