How much do mortgage brokers charge?
Almost all Mortgage Lab services are available to you free of charge. Our brokers get paid a commission by the banks and second-tier lenders when a mortgage is finalised or refixed.
Note that if a mortgage is paid off or discharged within 27 months, a fee may be incurred. See our FAQ: What if I sell my home or refinance my mortgage shortly after using a mortgage broker?
Finance companies may require a fee to be added to the loan rather than paying us a commission. You’ll always be made aware of these fees long before they are locked in.
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