A mortgage broker is an independent service that has access to many lenders, but works for the client. A mortgage broker will listen to your goals and intentions and consider the loan products available to present suitable options to the client. At Accession Finance, we work with over 30 lenders and have a vast panel of loans to suit PAYG employed, self employed, and many other income considerations.
A bank hires an employee to present only their loan options available. They do not consider loan products from other lenders. They can only work with the policies that their bank has to offer.
Accession Finance has an office in Williamstown, Melbourne, however most appointments are conducted virtually via Zoom and have serviced clients all over the country.
Mortgage Brokers are paid by a commission from the bank. This commission will be disclosed to you at your appointment.
As the client, you do not pay more to bank because of this. In most cases, the mortgage broker will contact you more frequently to check in to make sure your rate is still competitive and your loan is still appropriate for your circumstances. It is not added to your loan.
A mortgage broker is paid a percentage based on the size of the loan, this amount will be disclosed to you at the time of the appointment.
This percentage is paid from the lender to the mortgage broker and the amount is not added to your loan, nor does it increase it in anyway.
Trail commission is a small commission paid to the broker monthly for the ongoing costs of servicing the lender’s client. This means if you need any changes to your loans, if you want a top up, or if you aren’t happy with their service, you can call the mortgage broker and they can help you at no cost to you.
This trail commission is not added to your loan. There is no additional charge to you for this commission that is paid to the broker.
A mortgage broker is a qualified professional who acts for the client to secure finance. A mortgage broker has access to a diverse panel of lenders and can present the client with options based on their goals and intentions.
A mortgage broker is paid a percentage based on the size of the loan, this amount will be disclosed to you at the time of the appointment.
This percentage is paid from the lender to the mortgage broker and the amount is not added to your loan, nor does it increase it in anyway.
Trail commission is a small commission paid to the broker monthly for the ongoing costs of servicing the lender’s client. This means if you need any changes to your loans, if you want a top up, or if you aren’t happy with their service, you can call the mortgage broker and they can help you at no cost to you.
This trail commission is not added to your loan. There is no additional charge to you for this commission that is paid to the broker.
A mortgage broker is an independent service that has access to many lenders, but works for the client. A mortgage broker will listen to your goals and intentions and consider the loan products available to present suitable options to the client. At Accession Finance, we work with over 30 lenders and have a vast panel of loans to suit PAYG employed, self employed, and many other income considerations.
A bank hires an employee to present only their loan options available. They do not consider loan products from other lenders. They can only work with the policies that their bank has to offer.
Accession Finance has an office in Williamstown, Melbourne, however most appointments are conducted virtually via Zoom and have serviced clients all over the country.
Mortgage Brokers are paid by a commission from the bank. This commission will be disclosed to you at your appointment.
As the client, you do not pay more to bank because of this. In most cases, the mortgage broker will contact you more frequently to check in to make sure your rate is still competitive and your loan is still appropriate for your circumstances. It is not added to your loan.
Accession Finance brokers are authorised credit representatives of BLSSA Pty Ltd (Australian Credit Licence No. 391237)
Timothy Reynolds is an authorised Credit Representative No. 472472;
Tom Langlands is an authorised Credit Representative No. 496232;
The information contained on this website should not be deemed to be advice, please contact our brokers for advice that is tailored to your circumstances.