commission proof help

borrowers agents don't sell mortgages

Lenders and mortgage brokers do.

Borrowers agents are qualified and experience mortgage professionals, however where most mortgage brokers education stops, a borrowers agent education begins.

Besides skill and experience there is something else that sets their advice apart from the help you get from a lender or mortgage broker. They don't get paid by the lender and their end goal is not to saddle you with the maximum debt or most profitable features. In fact, a borrowers agent is the only service available where you can compare mortgage broker and non broker lenders side by side on a level playing field and at KeyFacts we compare over 60 of them.

who is who

Mortgages are complex and so is the mortgage market place and it is often misunderstood by borrowers looking for help. Lenders and mortgage brokers who promise to make things simple are actually working hard to sell you the mortgage they can make the most money from.

You - the borrower You should be the client. You deserve to cut through the hype and get the right loan, with the right features from the right lender at the right price. The only way to make a complex thing simple is to leave out the detail, which, if your adviser is paid to by the lender, can be a costly mistake.

Borrowers agent - your protector Borrowers agents work for you and do not receive payments from lenders. You pay the agent an agreed fee for professional advice in weeding out marketing hype to find the right loan for you. The result is that you have someone working for you, not themselves.

Lender - the seller Lenders are like the vendors who want to sell their house. They only really understand their own product and have nothing to gain unless you buy their loan. They simply don't understand the rest of the mortgage market and, even if they did, would not do anything to seriously jeopordise 'a sale'.

Mortgage Broker - the lender's salesman Mortgage brokers are like real estate salesmen. They have few different lenders they can sell and make more from one sale than another. Although they aren't the agent for the lender, they aren't the agent for you either. Mortgage brokers are independent sales contractors that work for only in their own interest.