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HOME – Lowest Mortgage Rates – What does a mortgage broker do? A mortgage broker works on the borrower’s behalf to find the lowest rates and best loan program from various lenders. Mortgage brokers can get paid either directly from the lender or directly from the borrower, but not both. When paid directly from the lender.

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Clawback fees charged by mortgage brokers for early exit could be in breach of Australian Consumer Law – Phil Naylor, chief executive of the Mortgage and Finance Association of Australia, said it was “not something that happens a lot, but it certainly happens from time to time”. “Taking it from the.

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How to Choose a Mortgage Broker | Point2 Homes News – A mortgage broker shops mortgage rates for you and negotiates with lenders on your behalf to make sure you get the best deal. Using a mortgage broker to arrange your mortgage is the better choice, but how do you choose a mortgage broker? There are lots of different mortgage brokers in Canada.