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Getting a home loan and choosing a broker in 2023 ft. mortgage broker Chris Bates

Australian Finance Podcast

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The Process of Getting a Home Loan

The first step is figuring out what your overall strategy, what you're trying to achieve. 70% of loans now go through brokers, in the UK it's 90%, brokers have started at 2% back in the early 2000s and now it's grown to 70. The bank's pay brokers for that introduction and also for all that work that they do in getting that customer loan approved. There are a few distinct steps that people have to go through late.

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